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The US made insider trading illegal way back in 1934; and, yet, an academic study in 2020 showed that only about 25% of it is ever detected and prosecuted.
Market watchers believe that subdued global cues, intense selling by foreign institutional investors (FIIs) and risk-off sentiment across the globe amid fear of tightening by the US Fed dampened the mood in the domestic equity market.
Among the major movers on the National Stock Exchange (NSE), agri-biotechnology firm Equippp Social Impact Technologies has emerged as the top gainer in the list.
February 15, 2021 Hopes to close 2020-21 with ₹100 crore revenues Palred Technologies Limited has reported a consolidated net profit of ₹1.23 crore in the quarter ended December 31, 2020, against a ₹1.72-crore loss in the corresponding quarter previous year. The Hyderabad-based firm, which promotes pTron brand of electronics and mobile peripherals and accessories, registered a consolidated revenue of ₹31.43 crore during the quarter as against ₹12.29 crore in the same period previous year. For the nine-month period, it reported a net profit of ₹ 3.19 crore as against a loss of ₹...
Explore Now Benchmark NSE Nifty index was trading 116.40 points down at 13851.10 on Thursday on account of selling in frontline bluechip counters. Among the stocks that touched their 52-week highs on NSE were: Havells India, ABB India, Cosmo Films, Orchid Pharma, Palred Technologies, Thiru Arooran Sugars, Cyber Media (India), Tata Teleservices (Maharashtra), Tamilnadu Telecommunication, Raj Oil Mills, Ganesh Housing Corporation and Cosmo Films. Overall, 17 shares were trading in green in Nifty50 index, while 33 were trading in red in the afternoon trade. In the Nifty 50 index, Axis Bank, BP...