The carnage on Dalal Street is deepening. As missiles fly over Middle East skies and the critical Strait of Hormuz remains shut, Indian equities are bleeding. The Sensex has plunged over 3,000 points in the previous three trading sessions, while the Nifty has cratered nearly 4% amid a brutal broader selloff. The rupee has crashed…
By Arjun Sethi, Kraken co-CEO Kraken was founded 15 years ago as a high-performance crypto exchange built for professional traders. From the beginning, the company focused on deep liquidity, reliable execution, and infrastructure capable of operating through extreme market volatility. That operating philosophy shaped how the business evolved from exchange to financial infrastructure. Rather than…
Australian shares rose for a third straight session on Monday to their highest level in more than a month, led by strength in miners and broad-based buying ahead of year-end. The S&P/ASX 200 index closed up 0.9% at 8,699.9 points, its strongest finish since November 13. “Today’s gains signal that the traditional Santa Claus rally…
Kraken began 2025 building on 2024’s solid momentum, navigating a shifting and softening market to outperform, even growing volume share. Our sustained performance across cycles demonstrates the resiliency of our platform, which continues to attract new clients and deepen existing relationships. We took a meaningful step toward our multi-asset vision by acquiring NinjaTrader, and rolled…
By Arjun Sethi, Kraken co-CEO Kraken was founded in 2011 with a clear vision: Build the most secure, reliable and accessible crypto exchange in the world. Our founders, Jesse Powell and Thanh Luu, started the company with a relentless focus on product, execution and long-term impact. At the time, Mt. Gox was on the verge…
Even as foreign investments in Indian equities remained patchy in 2024, Foreign Portfolio Investors (FPIs) were quite severe on two sectors viz. financials and oil & gas where they sold shares worth over Rs 1 lakh crore. They have been net sellers in a month on five occasions while remaining net buyers seven times. As…
The regular quarterly rebalancing of the S&P 500 often reshapes the index, influencing sector weightings and, in turn, investor strategies. These adjustments, conducted in March, June, September, and December, reflect market dynamics and evolving economic trends. The upcoming rebalancing on December 20, 2024, brings notable changes, particularly in sectors like Consumer Discretionary, Information Technology, and…
June 21, 2024June 21, 2024 The Share price of Accenture saw a significant increase of 11.34% on the NewYork Stock Exchange (NYSE) on June 20 (GMT-4) when the company, a day before reported financial results for the third quarter of fiscal 2024 ended May 31, 2024. Accenture reported new…
Emkay Global has a ‘buy’ rating on Metropolis Healthcare and a target price of Rs 2,200, a potential upside of 12.2%. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Source link
Awfis Space Solutions Ltd. is one of the major companies in India that offers flexible workspace solutions. They provide various workspace options, including co-working solutions, flexible desks, mobility solutions, and custom office spaces for different businesses. It has launched its initial public offer (IPO) yesterday, i.e. on May 22, 2024. Their solutions are tailored for…