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Bitcoin Surges Past $97,000 Amid Optimism Over Donald Trump Pro-Crypto Stance: Bitcoin hit an all-time high on November 21 at $97,000+ on the prospect of less stringent regulation of digital assets in the United States under President-elect Donald Trump. The cryptocurrency reached its highest value of $97528 and is inching closer to $100000, with a…
Bitcoin Hits $94,000: Trump Influence Fuels Cryptocurrency Surge: Bitcoin hit a record high of $94,078, raising a new high after Trump clinched victory in the November 5 U.S. presidential election. Bitcoin was still firm at $92,104 in Asian trading on Wednesday (November 20) and has been on an upward trend due to happy expectations of…
NTPC Shares Rise as NTPC Green Energy IPO Opens for Subscription: NTPC, a state-run electricity powerhouse, rose 2.8% to Rs 376.90 on the BSE as its unit NTPC Green Energy began public issues today and announced an IPO. The IPO will close on November 22, attracting bids for Rs 3,960 crore from anchor investors who…
Sensex, Nifty Slip as Weak Q2 Earnings Dampen Investor Sentiment: It was a difficult day for Indian equity markets. Sensex declined by 259.58 points (0.36%) and ended at 71,423.65, while the Nifty declined by 50.60 points (0.23%) and settled at 21,571.80. Some early upside was observed as markets turned around in response to mixed Q2…
Key Points: Foreign Portfolio Investors (FPIs) have been earnestly offloading Indian equities throughout October 2024, keeping an influential trend in the economic markets. FPIs have sold stakes worth about $10.17 billion (₹82,845 crore) this month, with excellent outflows impacting several industries. Reasons Behind the Selloff: Shift to More Affordable Markets The primary driver of this…
