Cryptoverse: Bitcoin miners get stuck in a bear pit
Bitcoin miners’ profit for one terahash per second of computing power has fluctuated between $0.119 and $0.070 a day since July, down from $0.45 in November last year and around its lowest levels for two years.
3 factors must to create wealth in equity markets: Sunil Damania
“We continue to believe that many mid-caps will grow into large caps and several small caps will become mid-caps, but the point is that not all mid-caps will become large caps. And in the same way, not every small cap will transition into a mid-cap. The key here is to find out the right company. […]
Golden Crossovers: These 7 stocks signal further bullishness
Among NSE stocks, having a market cap of over Rs 1000 crore, seven counters are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside. These stocks’ 50-day simple moving […]
Tesla’s stock emerges as unlikely megacap rival to Apple
Apple has been rewarded with a premium valuation relative to the Nasdaq 100 that sits well above the iPhone maker’s average over the past decade, according to data compiled by Bloomberg. Yet at 23 times profit projected over the next 12 months, it’s still less than half the price of Tesla.
2 stocks from IT & insurance sector that can offer up to 8% returns
Nifty IT Index saw itself underperforming the broader markets on relative terms. However, over the past few sessions, this pocket has tried to improve its relative momentum and performance against the broader markets.
What should investors do with Power Grid, Piramal Enterprises and RBL Bank?
The stock extended losses post demerger and slipped to a 52-week low. It is trading below major moving averages on short-term, medium-term and long-term timeframe charts. The key technical indicators also favor bears.
Bitcoin regains $20K; Solana & Polkadot gain up to 8%
The global cryptocurrency market cap was trading higher at $962.94 billion, gaining more than 4 per cent in the last 24 hours. However, the total trading volume zoomed almost 52 per cent, close to $81.16 billion.
Stocks in the news: Amara Raja, Voda Idea, Mahindra Logistics, BSE and Embassy Office Parks
Battery firm Amara Raja Batteries has proposed a transaction to integrate the battery plastic component business of Mangal Industries into its fold through a scheme of arrangement.
What changed for market while you were sleeping
Major Asian stocks opened higher, before turning mixed, on Tuesday as investors bargain-hunted following sharp falls in the previous session on fears over an economic slowdown. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.31 per cent lower.
Markets likely to test the bottom in 2023: Manraj S Sekhon
I think there are a few layers here. First of all, the Fed is clearly behind the curve. And their credibility has been damaged by what has happened with inflation and the monetary policy response over the last few months.