The shares plunged more than 52% in German trading, wiping out almost $9.6 billion in market value.
The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen
Advance-decline ratio for May best 12 months; Momentum continues in June
Here are trading strategies for a few such counters that look bullish on the charts and can appreciate at least 20 per cent from here on in the next two months
Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday.
Street expects trend to continue with valuations supporting upmove
Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose in Sydney. Traders are awaiting the US government's latest monthly jobs report, expected later Friday. Unemployment data announced Thursday was encouraging. But while an improved jobs market suggests the economy is gaining momentum after the pandemic, investors are keeping a close eye on signs of inflation, which especially hurts the tech sector. The benchmark S&P 500 index dropped 0.4 per cent on Thursday and is on track for a 0.3 per cent weekly loss. Japan's benchmark Nikkei 225 slipped 0.4 per cent to 28,937.79. South Korea's Kospi lost 0.3 per cent to 3,238.40, while Australia's S&P/ASX 200 rose 0.5 per cent to 7,295.40. Hong Kong's Hang Seng fell 0.3 per cent to 28,873.65 and the Shanghai Composite edged 0.1 per cent lower, to 3,581.55. Asian markets will likely be in a holding pattern on Friday, Prakash ...
With a 20 per cent jump on June 1, 2021, the stock of PNB Housing Finance has conquered the resistance of Rs 600 levels.
With a "Higher High, Higher low" formation, the stock of Pricol has gradually risen to higher levels recently.
The addition takes the existing ESOP pool to 2.4 million equity options
Apollo Tricoat's minority shareholders will receive one equity share in APL Apollo for each equity share held in Apollo Tricoat
The recent gap-up in the range of Rs 290 - Rs 282 levels remains the crucial breakout for the upside in Tata Motors
Investors looking to a quick buck in these stocks are unlikely to, as most companies' fundamentals are rarely tracked, says market expert. Think twice before investing here without adequate research
The so-called graded surveillance measure, which was introduced in 2017, is unique and helps prevent GameStop-like surges in small caps
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
Shares of Future Retail on Wednesday declined 5 per cent amid concerns related to the deal with Reliance Retail.
The management said the company was witnessing strong business momentum across all verticals with a significant demand for cloud, data and analytics capabilities
The stock of HPCL has witnessed a built-up of long positions with the addition of 10 per cent open interest
State Bank of India stock was the top performing stock on the Nifty bank index today, and supported the index to claim a fresh record high of 32,683.5 on the NSE. The index is up 100% from March lows
Market pundits believe that the market rally this year is likely to be less concentrated and that polarisation - where a handful of stocks outperform the index - will become less pronounced in 2021