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Source: Live Mint Indian stock market: Indian markets ended the special Budget Day trading session on February 1 with minimal change, as investors reacted unfavorably to the capital expenditure numbers in the Union Budget 2025. The budget revealed a 9% year-on-year increase in capex for FY26, which did not meet market expectations. Economists had expected…
Source: Bitcoinist Bitcoin is facing serious selling pressure, as it has dropped below the $100K mark, raising concerns about a potential deeper correction. Since mid-January, BTC has been trading sideways, fluctuating between all-time highs (ATH) and the $97,750 level, struggling to find a clear direction. Sentiment in the market remains divided. Bulls believe this is…
Source: Coin Tegraph A bear trap is a form of coordinated but controlled selling that creates a temporary dip in an asset’s price, comprising a significant correction during a long-term uptrend. Read Full Article
Source: Live Mint Upcoming IPO: Bengaluru-based workspace operator WeWork India has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), as it aims to raise funds from the Indian stock market. WeWork India is a flexible workspace operator in India that provides workspaces to our…
Source: Live Mint But here’s the catch: While Budget 2025 offers a welcome increase in the tax rebate limit, only certain types of income qualify for this benefit. Capital gains, whether from property sales or stock market profits, are excluded from the rebate, meaning Mr. A’s tax savings won’t be as generous as he initially…
Source: Coin Tegraph Some cryptocurrency traders are profiting millions from Ether’s six-week downtrend despite the heightened risks of leveraged trading. Read Full Article
Source: Live Mint The primary market is all set to take a breather as no new initial public offering (IPO) is set to open in the mainboard segment. Last week, Dr Agarwal’s Health IPO, which closed for subscription on January 31, saw a decent response from investors across all categories. The coming week will witness…
Source: Live Mint Imagine getting a salary bump, only to find that your tax bill eats up most—if not all—of your raise. While the new tax regime in Budget 2025 promises no tax on incomes up to ₹12 lakh, it doesn’t necessarily mean that earning a little more is always beneficial. Thankfully, marginal relief has…
Source: Bitcoinist Ethereum (ETH) has been under intense selling pressure, raising concerns among investors about the coming weeks. The trend remains bearish, and if this momentum continues, ETH could struggle to find support at key levels. Compared to Bitcoin and other altcoins, ETH has been underperforming, fueling a negative outlook among traders. Unlike previous market…
Source: Live Mint New Delhi [India], February 2 (ANI): Sugar production in India is expected to face a significant decline in the 2025 season, with forecasts predicting a drop to below 27 million metric tons (MMT), down from 31.8 MMT in the previous year, according to a Centrum report. This marks a notable 12 per…
