Very few initial public offerings (IPOs) in the unpredictable stock market attract the kind of attention and excitement that TAC Infosec Ltd. did. The company successfully made its public market debut, specializing in risk-based solutions for cyber security quantification, penetration testing, and vulnerability management and assessment. Investors rushed to purchase a piece of TAC Infosec…
Technology stocks have always been seen as profitable investments because the sector is growing and becoming more profitable due to innovation. We examine the top 15 tech stocks that are the most profitable in-depth, evaluating their past performance, current state of the market, and prospects for the future. Investors should take into consideration the distinct…
Reliance Industries, under the leadership of Mukesh Ambani, has taken a substantial 26% share in a power project in Madhya Pradesh owned by Gautam Adani’s Adani Power. This is a historic move that represents the first-ever cooperation between two rival billionaire conglomerates. This strategic partnership between these two industry titans, valued at Rs. 50 crore,…
The initial public offering (IPO) of Reddit last week caused a sharp decline in its share price, which has alarmed investors and raised concerns about the company’s valuation and future prospects. At the end of the trading week, the giant of social media, which made its much awaited New York Stock Exchange debut, saw its…
On Thursday, the Indian stock market indices witnessed an impressive rally fueled by the leading index Nifty 50 breaking above 22,400. Investor confidence surged as this bullish momentum developed amid cautiously positive signals from global markets. Gains were seen everywhere, with every sectoral index rising, indicating a general enthusiasm in the market. At 1:15 PM,…
An essential component of the Indian economy, the real estate market provides a wealth of options for investors looking to diversify their holdings. Mutual funds that follow the Nifty Realty Index on the National Stock Exchange (NSE) stand out as one of the better options. We explore the workings of the Nifty Realty Index, its…
In a significant development highlighting the deepening economic relations between the UAE and Morocco, investments from the UAE into Morocco have surged to a substantial $30 billion. This revelation came from Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, shedding light on the UAE’s expanding global investment footprint. The UAE’s overseas investments,…
In a testament to its robust performance and promising future prospects, shares of ABB India soared by 7% during early trading hours today, reaching an unprecedented peak of ₹6,341.90 per share. The surge came on the heels of a compelling report by global brokerage firm UBS, which not only upgraded its target price for the…
The Indian stock market benchmarks, Nifty 50 and Sensex, halted their three-day winning spree on Tuesday, March 26, succumbing to weak global cues and a lack of fresh triggers. Investors displayed diminished risk appetite, with uncertainty looming over the timing of interest rate cuts by the Federal Reserve. The truncated trading week, with only three…
The annual Hurun Global Rich List for 2024 has been released, showcasing the extraordinary wealth amassed by individuals across the globe. Compiled by the prestigious Hurun Research Institute, this year’s report offers a snapshot of the world’s billionaires as of January 15, 2024, and unveils remarkable insights into the distribution of wealth across nations and…
