News for 'market crash'

Discount vs traditional brokers: Cost dynamics, challenges ahead

Discount vs traditional brokers: Cost dynamics, challenges ahead

Rediff.com9 Oct 2023

The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

India's 10 riskiest cities, Mumbai tops in terrorism threat

India's 10 riskiest cities, Mumbai tops in terrorism threat

Rediff.com4 Sep 2015

India's 10 biggest cities face a whopping $179.8 billion (Rs 11.9 lakh crore) risk from a series of threats over the next decade.

'Rural demand is back, El Nino is a worry'

'Rural demand is back, El Nino is a worry'

Rediff.com15 May 2023

'A weak monsoon always spells disaster. But it's too early to have a pessimistic view.'

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

Adani Group stocks crash up to 20% amid Hindenburg report

Adani Group stocks crash up to 20% amid Hindenburg report

Rediff.com27 Jan 2023

The Adani group stocks continued to remain under pressure on Friday, falling up to 20 per cent in morning trade, after the US-based investment research firm Hindenburg Research made damaging allegations. Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19 per cent, Adani Green Energy plunged 15.50 per cent and Adani Enterprises tanked 6.19 per cent on the BSE. Also, Adani Ports and Special Economic Zone fell 5.31 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 4.99 per cent.

Trading Traps: Small Investors Beware!

Trading Traps: Small Investors Beware!

Rediff.com15 Jun 2023

Influenced by ads like 'Make money sitting at home', 'Make Rs 10 lakh with just Rs 1,000', to YouTube influencers promoting 'pump-and-dump' stocks, a vast majority of small investors who mushroomed during the COVID-19 period are losing money in reckless overtrading in the market, cautions Dr V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services.

Markets end manic Monday in the red; Sensex tanks 1,546 points

Markets end manic Monday in the red; Sensex tanks 1,546 points

Rediff.com24 Jan 2022

Equity benchmark Sensex on Monday crashed about 1,546 points to sink below the 58,000-level due to across-the-board selloff tracking sluggish global markets. Besides, persistent foreign capital outflows continued to affect the market sentiment, traders said. Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red. The 30-share BSE Sensex ended 1,545.67 points or 2.62 per cent lower at 57,491.51.

CoinSwitch holds Rs 1,083 cr of users' assets

CoinSwitch holds Rs 1,083 cr of users' assets

Rediff.com7 Jan 2023

CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.

Onion prices crash 40% in wholesale markets

Onion prices crash 40% in wholesale markets

Rediff.com28 Feb 2017

The cost of production of onion is around 800-900 per quintal, while prices are hovering around 500 per quintal across major wholesale markets.

Tatas Planning First IPO In 18 Years

Tatas Planning First IPO In 18 Years

Rediff.com18 Jul 2022

The Tata Tech IPO will be the first from the Tata group since TCS listed its shares in 2004.

Gold Loans On RBI, Finance Ministry Radar

Gold Loans On RBI, Finance Ministry Radar

Rediff.com28 Mar 2024

Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Stock rally puts Gautam Adani back in world's 20 richest billionaires list

Rediff.com30 Nov 2023

Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.

'Indian crews are very good'

'Indian crews are very good'

Rediff.com23 Apr 2024

'Indians are basically liked because they are educated, they are intelligent.'

D-Street investors lose over Rs 9.75 lakh crore in 2 days

D-Street investors lose over Rs 9.75 lakh crore in 2 days

Rediff.com13 Jun 2022

Equity investors became poorer by over Rs 9.75 lakh crore in two days of heavy decline in the equity market, with the Sensex plunging 1,457 points on Monday. The 30-share BSE benchmark tanked 1,456.74 points or 2.68 per cent to settle at 52,846.70 on Monday. It had ended 1,016.84 points or 1.84 per cent lower at 54,303.44 on Friday.

90% Retail Investors Lose Money

90% Retail Investors Lose Money

Rediff.com5 Jan 2024

Only the top 5 per cent profit makers account for 75 per cent of profits.

A report that sent Adani stocks crashing for 3rd day

A report that sent Adani stocks crashing for 3rd day

Rediff.com30 Jan 2023

Shares of Adani group firms have faced heavy drubbing since Tuesday's close last week, after US-based short seller Hindenburg Research made damaging allegations against the conglomerate. Most of the group firms fell for the third day running on Monday. Since Tuesday's close last week, shares of Adani Transmission have tumbled 41.66 per cent, Adani Total Gas tanked 39.57 per cent, Adani Green Energy declined 37.55 per cent and Adani Ports fell 23.75 per cent on the BSE.

SIP wave hits record level, more to come

SIP wave hits record level, more to come

Rediff.com30 Jan 2024

India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.

Financial Freedom: One Woman's Inspiring Comeback

Financial Freedom: One Woman's Inspiring Comeback

Rediff.com6 Mar 2024

Inspired from a real life incident, this is the story of how Aarti buckled herself up after her divorce and rebuilt her financial life.

Monday's crash: 'Investors wanted to book profits'

Monday's crash: 'Investors wanted to book profits'

Rediff.com22 Dec 2020

'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'

Mutual funds emerge from the shadow of last crash

Mutual funds emerge from the shadow of last crash

Rediff.com9 Aug 2014

Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Rediff.com4 May 2022

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.

CAB has no role in ticket row for Ind-SA tie: Sourav Ganguly

CAB has no role in ticket row for Ind-SA tie: Sourav Ganguly

Rediff.com3 Nov 2023

The lowest price of the India-South Africa tickets is of Rs 900 which are being sold for around Rs 5000 in the black market.

Russia-Ukraine crisis: IPO market grinds to a halt after a blockbuster 2021

Russia-Ukraine crisis: IPO market grinds to a halt after a blockbuster 2021

Rediff.com19 Mar 2022

The initial public offering (IPO) market has come to a grinding halt due to sharp correction in the broader markets and uncertain outlook created by the Russia-Ukraine offensive. So far this year, only three companies have managed to launch their maiden share sales. In comparison, close to 10 companies were able to come out with their IPOs during the same period last year. Investment bankers say it will be challenging to launch a single deal in March as large institutional investors have turned extremely risk-averse and don't wish to commit any capital.

Sensex crashes 1,066 points; investors lose Rs 3.25 lakh cr

Sensex crashes 1,066 points; investors lose Rs 3.25 lakh cr

Rediff.com15 Oct 2020

Bajaj Finance was the top loser, tumbling 4.68 per cent, followed by Tech Mahindra, IndusInd Bank, ICICI Bank, SBI, Reliance Industries, Bharti Airtel and HCL Tech. NSE Nifty crashed 290.70 points or 2.43 per cent to 11,680.35.

What Led To Paytm's Big Fall

What Led To Paytm's Big Fall

Rediff.com12 Mar 2024

At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.

India's Asian Cup exit blamed on striker crisis

India's Asian Cup exit blamed on striker crisis

Rediff.com24 Jan 2024

We need players with confidence in front of goal: Stimac after India's Asian Cup exit

10 rules of SUCCESSFUL investing!

10 rules of SUCCESSFUL investing!

Rediff.com13 Apr 2011

These commandments when strictly followed can make you a successful investor; make you richer.

Market turbulence: Advice for Investors

Market turbulence: Advice for Investors

Rediff.com25 Feb 2021

'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'

'Time, tide and stocks wait for no one'

'Time, tide and stocks wait for no one'

Rediff.com23 Jan 2008

Young investors speak about their experience in the recent market crash. They, it seems, remain undaunted and want to put more money into stocks going ahead.

Realty prices crash in Mumbai as buyers go missing

Realty prices crash in Mumbai as buyers go missing

Rediff.com14 Jul 2020

Mumbai's property markets, where prices earlier crossed Rs 1 lakh per sq. ft in South Mumbai, are seeing a 20-25 per cent markdown from last year's levels.

Is another market crisis possible?

Is another market crisis possible?

Rediff.com14 Sep 2013

Many factors leading to the 2008 financial crisis still exist.

Check The Management Before Investing

Check The Management Before Investing

Rediff.com12 Feb 2024

A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.

Investors lose Rs 3 lakh cr as markets go into a tailspin

Investors lose Rs 3 lakh cr as markets go into a tailspin

Rediff.com6 Jan 2015

Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.

Israel-Hamas conflict: India's hope of respite in oil prices dashed

Israel-Hamas conflict: India's hope of respite in oil prices dashed

Rediff.com17 Oct 2023

The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.

Markets plunge: 263 stocks crash on BSE

Markets plunge: 263 stocks crash on BSE

Rediff.com20 Aug 2013

In line with a weak stock market where benchmark Sensex plunged nearly 300 points, as many as 263 stocks hit their respective one-year lows on BSE on Monday.

What Sitharaman said about Adani fiasco

What Sitharaman said about Adani fiasco

Rediff.com11 Feb 2023

Finance Minister Nirmala Sitharaman on Saturday said the country's regulators are very experienced and are seized of the matter relating to the Adani Group crisis. The minister was replying to a question on the observations of the Supreme Court on public interest litigations (PILs) alleging exploitation of investors and "artificial crashing" of the Adani Group's stocks. "I will not disclose here what the government will be saying in the court...India's regulators are very, very experienced and they are experts in their domain.

Why the Zomato stock is getting hammered on markets

Why the Zomato stock is getting hammered on markets

Rediff.com26 Jan 2022

Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.

Sensex tanks 938 points; Nifty crashes below 14,000-level

Sensex tanks 938 points; Nifty crashes below 14,000-level

Rediff.com27 Jan 2021

On the Sensex chart, Axis Bank, Titan, IndusInd Bank, HDFC Bank, Dr Reddy's, HDFC and Asian Paint were major losers.

Sensex: BJP alleges a politician's son gained

Sensex: BJP alleges a politician's son gained

Rediff.com18 Oct 2007

The BJP claimed that the small investors lost huge amount of money during the one and a half hours when the market crashed.