Shares of Delta Corp and Nazara Technologies came under pressure, falling up to 7% on Thursday after the Goods and Services Tax (GST) Council approved a steep 40% tax on casinos, betting, and online money games, a move that threatens to weigh heavily on the country’s listed gaming and casino companies. Delta Corp shares tumbled…
President Donald Trump’s punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession. Trump’s trade measures, announced after Wall Street’s closing bell on Wednesday, were much more severe than…
The broader markets are on a big selloff. Screens look scary. Investors are deeply concerned. Many are questioning the once-vibrant buzz around the “India Story” and wondering whether the RBI or the government can wield a magical wand to halt the bleeding in their portfolios. Is the current market turmoil unique to India, or is…
PSU bank stocks fell sharply by up to 10% on Tuesday in intraday trade on the BSE, following early trends showing the BJP-led NDA coalition with an upper edge. However, the early numbers were not in line with exit polls, causing investor concerns. Shares of Central Bank tumbled 9.5% to Rs 65.4, while Union Bank…