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Reliance’s shares rose 12% to a record last week, lifting the company’s market value past the $200 billion mark, as people familiar said Amazon.com Inc. and KKR & Co. are in talks to buy stakes in its retail business.
Bitcoin ETF roars in debut with $165 million of trading volumeAfter a relentless surge in the world’s largest digital currency, the first Bitcoin product that’s officially labeled an exchange-traded fund debuted Thursday in Toronto.
from Stocks-Markets-Economic Times https://ift.tt/3b… Read MoreFinmin flags SBI-HDFC-BoB NUE planThe government doesn't want public sector banks, which SBI and Bank of Baroda are, to compete against RuPay and UPI that are run by the National Payments Corporation of India (NPCI).
from Stocks-Markets-Economic Times https:… Read MoreUp close & local: Wall Street’s algo big shots bet on IndiaHigh-frequency traders thrive in active markets with a wide set of participants and narrow bid-ask spreads. Typically, brokerages employ tools such as fundamental stock and technical analyses, along with algorithms, to trade.… Read MoreIndices fall for 3rd day, FII inflows lend supportAnalysts said the drop in the indices has been measured because of continued flows from foreign funds, absorbing majority of the selling by domestic institutions.
from Stocks-Markets-Economic Times https://ift.tt/3dqpR1n
… Read MoreMorgan Stanley ups target price on SBIThe brokerage said SBI reminds it of China Merchants Bank (CMB), which has shown consistent improvement in its retail franchise compared to the country’s other public sector banks.
from Stocks-Markets-Economic Times https://… Read More
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