Stockarchitect
Sceptics say $6-trillion cash waiting on sidelines is a mirage January 4th, 2024 07:27
So say a pack of stock skeptics who, while not counseling selling out of the market, warn that some of the bull cases going around suffer from some optimistic framings.

Stockarchitect
Vedanta Resources' debt rejig plan gets bondholder nod January 4th, 2024 07:27
People familiar with the matter told ET that the approval is more than 97% for bonds maturing in 2024, 2025, and 2026. The company had to immediately repay $1 billion debt on January 21. It had offered an additional early consent fee for those agreeing to the restructuring, sweetening the proposal for investors.

Stockarchitect
Missed the rally? No worries... You may yet get a chance to buy at lower levels January 4th, 2024 07:27
Fund managers said modest and brief declines in mid-cap and small-cap stocks in recent times make them more vulnerable to steeper corrections.

Stockarchitect
Metal companies plunge as China growth worries deepen January 4th, 2024 07:27
The Nifty Metal index fell 1.81% Wednesday. Among steel producers, JSW Steel, SAIL and Tata Steel slumped 3-4%. Shares of aluminium producers Nalco and Hindalco tumbled 6.5% and 3.8%, respectively.

Stockarchitect
Stocks in news: Vedanta, Adani Ports, IndusInd Bank, LTIMindtree, IEX January 4th, 2024 07:27
NHPC has signed a MoU with GPCL for proposed investment of Rs 4,000 crore in Kuppa Pumped Storage Project (750 MW).

Stockarchitect
Adani Group shares surge up to 11.4% as SC rejects SIT probe demand January 4th, 2024 07:27
​​The gains helped cut losses further triggered by the scathing Hindenburg report on January 24, 2023. Yet, seven out of the 10 listed Adani stocks are 2% to 72% below the peaks hit before the release of the report. Adani Ports, Adani Power and Ambuja Cements are the gainers

Stockarchitect
SC backs Sebi inquiry into Adani, rejects any other January 4th, 2024 07:27
The apex court also asked the Centre and Sebi to constructively consider suggestions of the six-member expert committee headed by former Supreme Court judge AM Sapre, and take further action to strengthen the regulatory framework, protect investors and ensure the orderly functioning of the securities market.

Stockarchitect

Wall-street-1_200
Wall Street notches second lower finish as 2024 starts with profit-taking January 4th, 2024 07:27
It was the first time the benchmark SP 500 index (.SPX) has started the year with two straight declines since it kicked off 2015 with a three-session skid. It is also its worst two-day result, on a percentage basis, since late-October.

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Apple agrees to settle lawsuit over iTunes gift card scam January 4th, 2024 07:27
According to a filing on Wednesday in federal court in San Jose, California, Apple and the plaintiffs have agreed on material settlement terms after working with a mediator.

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