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The largest cryptocurrency dropped as much as 15% in Asian trading, sliding below $50,000, before paring some of the drop. It was down about 8% to $50,190 as of 10:53 a.m. in Tokyo. The were reports of outages at digital-token exchanges as people rushed to sell.
M-cap of four of the 10 most valued companies jump over Rs 1.14 lakh crReliance Industries, HDFC Bank, HDFC, ICICI Bank, Kotak Mahindra Bank and State Bank of India witnessed losses in their market capitalisation.
from Stocks-Markets-Economic Times https://ift.tt/3t9pDAV
… Read MoreAsia’s positive stock outlook is clouded by Chinese selloffHigher yields are also raising the odds of a stronger dollar -- a traditional negative for emerging Asia investors -- just when the worst rout in years in China, the world’s second-biggest stock market, has soured sentiment.
… Read MoreAre SPACs a really good thing? The devil lies in the structureSPAC IPO investors tend to be a group of very savvy hedge funds, sometimes referred to as the “SPAC Mafia”, and other large institutional investors.
from Stocks-Markets-Economic Times https://ift.tt/2PS92mI
… Read MoreHow to deal with related party transactions in unlisted firms?For larger economic stability, one cannot undermine the importance of sound governance in unlisted public companies for two reasons.
from Stocks-Markets-Economic Times https://ift.tt/3dQw9Gl
… Read MoreStock bulls bet it all on earnings guesses with troubled recordIndeed, investors are pouring a record amount of fresh money into equities this year amid hopes that vaccines and policy support will bring the economy to normalcy.
from Stocks-Markets-Economic Times https://ift.tt/3dR7j9k
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