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1 min read

Meme stocks extend short-squeeze rally to massive 100%+ gains with GameStop and AMC leading the way

"All this feels like an echo of early 2021, when this account helped fuel a vicious short squeeze i…

Matthew Fox   


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5 mins read

Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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2 mins read

Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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1 min read

Reddit users made meme-stock prices go crazy now they could do the same with Reddit's own stock IPO

Redditors set off the mania that helped cause stock prices to go wild for GameStop and other compan…

Meghan Morris   


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1 min read

White Iris Investment divests 4.5% stake in Apollo Tyres worth Rs 1,281 cr

Edelweiss Mutual Fund (MF), UTI MF, ICICI Prudential MF, Nippon India MF, Invesco MF, Societe G…

PTI   


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2 mins read

Stock market today: US stocks trade mixed ahead of key May jobs report

GameStop spiked after more activity from Keith Gill's social media accounts. Traders will parse non…

Max Adams   


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5 mins read

Mazagon Dock IPO shines while UTI AMC and Likhitha Infrastructure clock in a tepid response from investors

The Initial Public Offerings (IPO) for Mazagon Dock Shipbuilders, UTI Asset Management, and Likhith…

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1 min read

Taylor Swift helps drive AMC Entertainment's stock higher after announcement of Eras Tour concert film

Taylor Swift's Eras Tour has been a massive success, and it even caught the attention of the Federa…

Matthew Fox   


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2 mins read

AMC Entertainment soars 40% after its CEO plans more strategic deals to capitalize on interest from retail investors

"Our shareholder base has given us capital to deploy with the clear expectation that we are... goin…

Matthew Fox   


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4 mins read

Tax hit on debt funds is just the latest punch to reeling mutual fund companies

The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…

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4 mins read

Trump Media's stock is almost certain to crash

Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…

Emily Stewart   


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2 mins read

Meme-stock favorites GameStop and AMC plunge 15% as key technical support fails and shares approach death cross

While AMC and GameStop are about 60% below their record highs, the stocks are still up 1,004% and 6…

Matthew Fox   


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2 mins read

Top stocks to watch — Vedanta, Wipro, RITES, Mazagon Dock, UTI AMC, Glenmark Pharma, and others

Amidst positive cues from the Asian markets, the Indian stock market is likely to open in green. Th…

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2 mins read

Top stocks to watch— Future Retail, HDFC, Indiabulls Housing, Vodafone Idea, PVR, Welspun Corp and others

Amid the mixed cues from the global market, the Indian stock market is likely to open on a cautious…

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2 mins read

Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others

Amid the positive cues from the global market, the Indian stock market is likely to open higher. At…

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2 mins read

Stock market today: Indexes hover at records ahead of big inflation report

The Nasdaq closed at a record, and the S&P 500 hovered just under its own all-time high as investor…

Filip De Mott   


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2 mins read

JPMorgan's bearish quant guru says the meme-stock resurgence is a bad sign for markets

"It is possible, but historically and statistically unlikely, that this time is different," JPMorga…

Matthew Fox   


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2 mins read

Tepid debut for UTI AMC—shares list at 12% discount over the issue price

It was a tepid debut for the ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Comp…

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2 mins read

Stock market today: Indexes edge up as traders digest wholesale inflation data

Stocks slid Tuesday morning as the producer price index came in hotter than expected. Investors are…

Filip De Mott   


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5 mins read

UTI AMC’s ₹2,160 crore IPO opens today — Here’s all you need to know

The Mutual Fund manager, UTI Asset Management Company, is set to float its ₹2,160 crore IPO in the …