Fear, Uncertainty, Doubt: The FUD Reality Of Crypto Users

Gopal Somani, a 26-year-old Delhi-based textile exporter and part-time crypto trader, spent Tuesday night trying to sell a portion of his cryptocurrency portfolio, but the trade didn’t work out. He could not buy any more coins as the money was not added to the wallet. The panic sell-off started after a government bulletin announced that … Read more

Stock slips, haven rally as new COVID-19 variant scares investors

SYDNEY: Asian stocks suffered their sharpest fall in two months on Friday after a new and possibly vaccine-resistant coronavirus variant was detected, prompting investors to point to the safety of bonds, the yen and the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.3%, the sharpest decline since September. Casino and beverage stocks … Read more

Paytm’s IPO may flop millions of retail investors

India’s surprise two-day drop since its initial public offering has cast a shadow over the prospects for technology firms that were preparing to go public as the country’s breakout year. Retail investors who have bought unprecedented amounts of shares in Paytm’s parent One97 Communications Ltd have seen over 35% of their value wiped out in … Read more

Five world market themes for the coming week

Rising geopolitical tensions in Central and Eastern Europe and rising gas prices should keep markets up in the coming weeks. US buyers are gearing up for Black Friday, while investors will scan inflation data and Fed minutes to get indications of the impact of price pressure on interest rates. And how far do kiwi prices … Read more

Wall Street Week Ahead: Investors Bet on Second Wind to Lag US Small Caps

NEW YORK: Some investors believe the stars are gearing up for small-cap stocks, as the category benefits from cheaper valuations, stronger economic growth and a relatively benign impact from impending tax policy changes. According to data provider EPFR, about $2.4 billion has flown into US small-cap equity funds so far this month, the biggest monthly … Read more

Franklin Templeton MF unitholders will get Rs 1,115 crore in 7th tranche

New Delhi: SBI Fund Management (SBI MF) will disburse the seventh tranche of over Rs 1,115 crore to the unitholders of six discontinued schemes of Franklin Templeton Mutual Fund from Monday. A Franklin Templeton MF spokesperson said on Friday that post the payments, the total disbursements would reach Rs 25,114 crore, which is 99.6 per … Read more

FPIs’ stock holding value rose to USD 667 billion in September quarter: Report

New Delhi: The value of foreign portfolio investors (FPIs) holdings in domestic equities reached USD 667 billion in the three months ended September 2021, up 13 per cent from the previous quarter, according to a Morningstar report. This was largely on the back of strong performance of Indian equity markets along with net inflows from … Read more

Asian shares hold on to China asset relief, focus on Sino-US talks

HONG KONG: Asian stocks were mostly up on Tuesday as relief in China’s asset sector supported sentiment, while investors also kept a close eye on a crucial meeting between US President Joe Biden and Chinese leader Xi Jinping. Biden and Xi Jinping opened their closely watched conversation warmly, with both leaders emphasizing their responsibility to … Read more

Asian stocks fall on inflation fears, dollar shines

TOKYO: Inflation fears weighed on Asian stocks and the dollar rallied on Thursday, as overnight data showed US consumer prices rose last month at the fastest pace since 1990, prompting the Federal Reserve There has been an impetus for intensifying the policy of The nominal US Treasury yield rose higher, the highest since February on … Read more