Latest news with #AvinashShekhar
Economic Times
21 hours ago
- Business
- Economic Times
Stock market update: Nifty Realty index advances 2.11%
Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700. Synopsis The Nifty Realty index closed 2.11 per cent up at 1013.65. NEW DELHI: The Nifty Realty index closed on a positive note on Friday. ADVERTISEMENT Shares of Macrotech Developers Ltd.(up 4.06 per cent), Phoenix Mills Ltd.(up 3.18 per cent), Prestige Estates Projects Ltd.(up 2.29 per cent), Godrej Properties Ltd.(up 2.19 per cent) and DLF Ltd.(up 1.71 per cent) ended the day as top gainers in the pack. On the other hand, Sobha Ltd.(down 2.83 per cent) and Anant Raj Ltd.(down 0.61 per cent) finished as the top losers of the day. The Nifty Realty index closed 2.11 per cent up at 1013.65. Benchmark NSE Nifty50 index ended up 319.16 points at 25112.4, while the BSE Sensex stood up 1046.3 points at 82408.17. Among the 50 stocks in the Nifty index, 46 ended in the green, while 4 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, RattanIndia Power, Vishal Mega Mart, Suzlon Energy and YES Bank were among the most traded shares on the NSE. Shares of Quality Power Electr, Prostarm Info System, Gallantt Metal, Gillanders Arbuthnot & Co and Indiabulls Enterprises hit their fresh 52-week highs in today's trade, while Navkar Builders, Sadhana Nitro, Lasa Supergenerics, Siemens Energy India and Chembond Chem hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
21 hours ago
- Business
- Economic Times
Stock market update: Nifty Bank index advances 1.22%
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps. Synopsis The Nifty Bank index closed 1.22 per cent up at 56252.85. NEW DELHI: The Nifty Bank index closed on a positive note on Friday. ADVERTISEMENT Shares of Canara Bank(up 2.23 per cent), Federal Bank Ltd.(up 1.77 per cent), HDFC Bank Ltd.(up 1.52 per cent), State Bank of India(up 1.41 per cent) and ICICI Bank Ltd.(up 1.12 per cent) ended the day as top gainers in the pack. On the other hand, finished as the top losers of the day. The Nifty Bank index closed 1.22 per cent up at 56252.85. Benchmark NSE Nifty50 index ended up 319.16 points at 25112.4, while the BSE Sensex stood up 1046.3 points at 82408.17. Among the 50 stocks in the Nifty index, 46 ended in the green, while 4 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, RattanIndia Power, Vishal Mega Mart, Suzlon Energy and YES Bank were among the most traded shares on the NSE. Shares of Quality Power Electr, Prostarm Info System, Gallantt Metal, Gillanders Arbuthnot & Co and Indiabulls Enterprises hit their fresh 52-week highs in today's trade, while Navkar Builders, Sadhana Nitro, Lasa Supergenerics, Siemens Energy India and Chembond Chem hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
13-06-2025
- Business
- Economic Times
European airline stocks tumble after Israel strikes on Iran
European airline stocks faced a downturn. This followed Israeli strikes on Iran. Oil prices saw a significant rise. Synopsis European airline stocks plummeted as Israel's strikes on Iran sent oil prices soaring and triggered a flight from risk assets. Lufthansa, Air France-KLM, and EasyJet shares all experienced significant drops. Airlines rerouted and canceled flights to avoid the airspace over Israel, Iran, Iraq, and Jordan, prioritizing passenger and crew safety amidst the escalating tensions. Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
13-06-2025
- Business
- Economic Times
Gold futures breach Rs 1 lakh mark, hit all-time high
Indian gold futures have surged to an unprecedented high, surpassing 100,000 rupees per 10 grams on Friday morning. Synopsis Indian gold futures surged past 100,000 rupees per 10 grams for the first time on Friday, fueled by a weak rupee and positive global cues. The 2% jump to a record 100,403 rupees is impacting demand in India, the world's second-largest gold consumer. Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Mint
13-06-2025
- Business
- Mint
Bitcoin prices slip over 3% as Israel-Iran conflict pushes investors away from riskier assets; Ether down 9%
Bitcoin prices fell 3% on Friday, in line with other cryptocurrencies after Israel launched airstrikes on Iran in a major escalation in the Middle East geopolitical tensions. The largest digital asset, Bitcoin prices slipped as much as 3% to around $103,000 before paring losses, according to data on CoinMarketCap. The second largest cryptocurrency. Ethereum prices also plunged over 9%. At 10:50 AM, Bitcoin price was trading 3.24% lower at $104,382.41, Ether prices traded 9.07% lower at $2,515.94, XRP was down 5.77% at $2.12, while Solana prices cracked 9.96% to $143.99. The selloff in Bitcoin prices and other cryptocurrencies came as investors moved to safe-haven assets after Israel launched airstrikes on Iran, targeting key nuclear and military sites. Risky assets witnessed heavy selloff on Friday, while safe-haven assets such as gold prices rallied amid growing geopolitical tensions and trade uncertainties. Crude oil prices also jumped more than 9%. 'The latest geopolitical escalation has injected fresh volatility into global markets, and crypto is no exception. Bitcoin has slipped below $104,000, reacting swiftly to the news of Israel's preemptive airstrikes on Iran. Ethereum and Solana also faced pressure, with SOL falling despite major DeFi development efforts. This kind of sharp, sentiment-driven correction underscores just how interconnected crypto has become with broader macro events,' said Avinash Shekhar, Co-Founder & CEO, Pi42. As capital moves cautiously, we're seeing a temporary pause in the recent bullish momentum. But it's important to note that underlying fundamentals remain strong, he added. Shekhar believes what we are witnessing is not a breakdown, but a reset and historically, such moments have often paved the way for more resilient growth ahead. Over $1 billion dollars' worth of long positions across all cryptocurrencies were liquidated in the past 24-hours, Bloomberg reported, quoting Coinglass data. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
