Shares of Swiggy, the food delivery startup based out of Bengaluru are available at Rs 2.5 lakh per share. Paytm, the Noida based digital payments giant commands almost Rs 16,000 per share in the secondary market. Even hotel booking startup Oyo has a going rate of almost Rs 50 lakh per share or more. B9 Beverages, the maker of the Bira brand of beer, is also highly in demand with an asking price of Rs 950 per share. Nazara, which makes mobile phone games, is available for Rs 640 per share. … [Read more...] about Startups still popular as unicorns’ scrip sell in the lakhs/share in stock market for unlisted cos
How to buy and sell shares in stock market
Frustration at Lehman was growing yesterday, particularly over its chief executive, Richard Fuld, who had still to address workers directly. "We don't know what is going on," one Lehman banker said outside the firm's offices in midtown Manhattan. "Fuld hasn't said anything to us yet; we're all uncertain whether we have got jobs or not." … [Read more...] about Barclays to buy Lehman Brothers assets
There is no way of seeing precisely how much of a stock is being shorted, but the amount of shares that have been loaned out by institutional shareholders is seen as the best proxy. Short sellers borrow shares to sell them in the market in the hope the shares can eventually be bought back at a lower price before being returned to the lender. … [Read more...] about HBOS share price fall: Aggressive short selling fails to materialise
By lending out shares from their investment portfolios to short sellers who need to sustain their positions, investment companies can earn fees. One market source suggested that by raising the fees they charge, fund management firms could deter traders looking to borrow stock to sustain such positions. … [Read more...] about Short selling
For those looking at forward-looking signals for the economy from the stock markets, the relative performance of small and mid-caps may be a better indicator of the future than the index levels of the narrower and more popular indices. … [Read more...] about Are the markets forecasting an economic recovery?
Investors are worried about the health f the Chinese as well as the world economy, as a lot of companies and manufacturing units continue to be shut in China since last month. As China is the world’s manufacturing hub, businesses across the world are feeling the pinch of the virus that causes respiratory distress. … [Read more...] about Sensex ends off day’s low but Nifty still below 12,000; 5 factors weighing on market
"The stock price doesn’t fully justify the fundamentals of the company. As it is only from September 2019 that Indian Railways decided to restore service charges by levying a service charge of Rs 15 per Non-AC ticket and Rs 30 for AC tickets, which were withdrawn three years ago. This added to the exorbitant growth in the top line of the company this quarter. Now with this high base, it would be difficult to meet up the current growth rate in the following quarters. Hence, a correction is expected in IRCTC going ahead," Shah added.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about IRCTC rallies 500% since listing; is the end of the road near?
Per the terms of the agreement, SolarCity now has 45 days to shop for a better offer before the two companies formally present their merger intentions to shareholders and the Securities and Exchange Commission (SEC). Musk noted that he had been recused from the financial calculations that determined the amount of stock Tesla paid for SolarCity, and he noted that the solar company would be obligated to accept the best deal for its shareholders even if that deal wasn’t with Tesla. “If [the deal] doesn’t go through it will be a bit awkward,” Musk admitted. He added that despite media reports of a conflict of interest due to Musk’s ties to SolarCity, it would be “a conflict of interest if we don’t merge” and try to build an integrated solar energy and storage project as two separate companies. … [Read more...] about Tesla and SolarCity agree on merger terms in $2.6 billion all-stock deal
The People`s Bank of China announced a reduction in the lending benchmark rate in a bid to offset the economic impact of coronavirus. More than 2,100 people have died and governments around the world are trying to prevent it from becoming a global pandemic. … [Read more...] about Sensex down 150 points, Nifty closes below 12,100; IndusInd Bank, Zee, Tata Steel gain
The bank filed for Chapter 11 bankruptcy, which provides protection from creditors while it liquidates its business. The operations in the UK were put into administration and staff reacted with shock and anger as they turned up for work on Monday and were in most cases told to go back home again. … [Read more...] about Barclays agrees $1.75bn deal for core Lehman Brothers business