D-Street feels the tension; Indices down 3%

MUMBAI: India’s stock indices fell 3% on Friday, tracking a slowdown in Asian markets as the detection of a new coronavirus strain raised concerns that it would affect the global economic recovery. While the potential impact of the new version is unclear, investors are concerned about its spread and the possibility of renewed lockdowns around … Read more

Bitcoin retreats 20% from record, joins risk-asset sell-off

by Joanna Osinger and Emily Graffio Bitcoin fell 20 per cent from record highs earlier this month as a potentially worrying new version of the coronavirus prompted traders to dump riskier assets around the world. The world’s largest cryptocurrency fell 9 per cent to $53,552 on Friday. Ether, the second-largest digital currency, fell more than … Read more

All eyes on covid version as bears to patrol Dalal Street next week

MUMBAI: The domestic stock market is in gloom next week as the global economy may soon be at risk of recovering from the pandemic, which is entering its third year, with the emergence of a new version of the coronavirus. The new variant, which is spreading rapidly in South Africa and some other African countries, … Read more

EPFO should stick to established PSU InvITs, REITs for maximum returns: Analyst

New Delhi: It is well known that real interest rates in India are currently in negative territory, which is one of the major reasons why investors are looking for optimum returns in equity markets. In search of higher returns, now a new entity has come up in the Employees’ Provident Fund Organization (EPFO). Last week, … Read more

Five Steps to Becoming a Very Smart Investor

Technology has connected everyone with everything around them. Managing finances, ordering groceries, accessing entertainment, socializing, networking – it’s all connected and possible with the touch of a button. There is a range of products in the “smart” category, from smartphones to smart homes and smart TVs. Technological advancement has made the world a smarter place. … Read more

Nifty 50: Market Watch: Which sectors can see weakness due to COVID fears? , The Economic Times Podcast

Welcome to ETMarkets Watch, the show about stocks, market trends and money making ideas. I am Bhaskar Dutta, and here are the top headlines at the moment. Oil price below $80 due to beware of new variants in the marketTarsons shines on debut, rallies 27% on day oneRBI accepts 21 out of 33 recommendations on … Read more

Don’t let the falling market panic: Manish Singh

“If we look at the five-year growth story, it is going to come from emerging markets and we have seen some really good things in the Indian markets, both from the policy and start-up side. I think I am not very positive. Now we are concerned with what we are seeing,” says Manish Singh, that … Read more

Market movers: Fear rages on D-Street as buyers go into hiding

MUMBAI: Friday was the worst day on Dalal Street this entire year – a year that had a short taper tantrum in February, a disastrous second wave in April-May and a Chinese recession in August-September. And yet it was the discovery of a new variant of the Covid-19 virus found in South Africa that established … Read more

SEBI may change the preferential allotment rules

New Delhi: SEBI on Friday proposed relaxing pricing norms and lock-in requirements to make it easier for companies to raise funds through preferential allotment of shares. Further, the regulator has proposed to allow pledge of shares allotted to promoter or promoter group under preferential issue during the lock-in period. The pricing formula for allotment of … Read more