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GameStop’s shares and those of other stocks popular on forums such as Reddit’s WallStreetBets have climbed in recent weeks, a move that has come amid a broad sell-off in Bitcoin and other cryptocurrencies, another investment popular among individual investors.
Investors can now access 100% of sale proceeds for same-day tradingStarting Monday, investors will receive 100% of their sale proceeds on the same day, enabling immediate reinvestment. Previously, only 80% was accessible the same day with the rest available later. This change, aimed at enhan… Read MoreSebi bans Onelife Capital Advisors, promoters from securities markets for alleged fund diversionSebi has restricted Onelife Capital Advisors and its promoters, Pandoo and Prabhakara Naig, from securities markets for alleged fund diversion and misrepresentation of financials. They are prohibited from acting as directors … Read MoreL&T Finance Q2 Results: Net profit rises 17%; expects challenging six months aheadNon-bank lender L&T Finance reported a 17% rise in consolidated profit after tax, reaching Rs 696 crore. The company's assets grew by 18%, with retail disbursements up 12%. Facing sectoral challenges, the firm aims to pri… Read MoreAdani Enterprises' QIP sees healthy demand, Rs 4,200 crore raised through issueAdani Enterprises has raised nearly Rs 4200 crore through a qualified institutional placement. The QIP saw significant demand, with bids exceeding four times the deal size. The funds will be utilized for capital expenditure, … Read MoreWACR 18 bps higher than repo rate despite surplus liquidityOn Monday, the weighted average call rate rose to 6.68%, exceeding the Reserve Bank of India's 6.50% repo rate, due to uneven liquidity distribution in the banking system. Public sector banks faced a shortfall, despite an ove… Read More
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