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Some of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against, resulting in large losses for major investors.
Wall Street body proposes new rules on short positions, stock loansThe proposed changes to Rule 4560 would increase the frequency of short-interest reports from twice a month to weekly or even daily. The change would require clearing firms to report synthetic short exposure - bets made again… Read MoreStocks in the news: Religare, BOI, NIA, Petronet LNG, MRF and DHFLMax Financial Services, Suven Pharmaceuticals, Prestige Estates Projects, Galaxy Surfactants and Engineers India are among companies that will announce their March quarter results today.
from Stocks-Markets-Economic Times ht… Read MoreSGX Nifty up 40 points; here's what changed for market while you were sleepingAsian stock markets opened lower on Tuesday after Wall Street shares lost steam following recent rallies, but regained strength as investors continue to weigh optimism about economic recovery. MSCI's broadest index of Asia-Pa… Read MoreStocks in focus: Union Bank, MRS Bector, Surya Roshni, JSPL, Religare, BOI, Petronet LNG, BPCL, MRF, DHFL and more
from Stocks-Markets-Economic Times https://ift.tt/3fXqyQK
… Read MoreDay trading guide for Wednesday's sessionNifty has formed a bearish harmonic pattern, suggesting a target of 32,000 if the price breaks below 34,800, writes Parag Shah.
from Stocks-Markets-Economic Times https://ift.tt/2Sb8Ikl
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