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FPIs invest Rs 15,520 cr in Indian equities in June

So far in June, Foreign Portfolio Investors (FPIs) have made a net investment of Rs 15,520 crore in Indian equities. The leading Indian equity indices have recently surged to new highs in tandem with the surge in FPIs. ....

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NSE trading down; technical glitch halts trading in all segments


Update:
In wake of the technical error, BSE and NSE will be open for trading until 5 pm on Wednesday.
Original story.
National Stock Exchange halted trading in all segments on Wednesday morning at 11:40 a.m. due to a technical glitch. NSE announced on Twitter that it is working on a fix after several retail traders who constantly monitor the live feed complained about the technical error.
NSE reported issues with streaming feeds for Nifty, Banknifty and other indices from 10:06 a.m. Zerodha co-founder Nithin Kamath said the trading had to be stopped to the fix the index feeds issue. Zerodha instead redirected traders to use BSE while NSE trading was halted. ....

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The number of retail store closures in 2021 could be worse than in 2020


Facebook Bans Robinhood Stock Traders Group
The traditional bricks and mortar retailers couldn t have survived the wrath brought about by the pandemic. They actually didn t.
Like the proverbial drowning man clutching at a straw, the retailers were holding onto the hope of the festive/holiday season. It did nothing. The dipping economy and stay at home orders further multiplied the financial pressure these retailers were under. Many downed shutters permanently, some even filed for bankruptcy protection.
Representative image
Numbers big and sad
As per a compilation released recently by commercial real estate firm CoStar Group, retailers big and small closed 12,200 stores in the US in 2020. In June last year, the research and advisory firm Coresight Research had predicted that more than 20,000 store closure announcements by retailers in 2020, though eventually it ended up tracking only 8,741. As per Forbes, by the end of December 2020, as many as 15,542 store clo ....

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29Jan2021 Market Close: Wall Street Closes Sharply Down, DOW Closes Down 621 Points, Nasdaq Down A Sharp 2%, Bitcoin Suffers Too At 34,700, Pending Home Sales Decline Again


The USDollar managed to end higher for the month of January while stocks, bonds, and gold all ended lower.
Source: Bloomberg
Cryptos, however, had a big month, led by Ethereum (and helped the last few days by a migration of WSB rs and Elon Musk).
Source: Bloomberg
Of course, the really big news was the Reddit Rebellion that routed shorts late in the month, pushing Most Shorted .
The probes and lawsuits are coming.
Texas Attorney General Ken Paxton sent out a Civil Investigative Demand to 13 entities, including Robinhood and Citadel, regarding the suspension of stock trading and investing requiring higher margin reserves for trading certain companies and suspending chat platform activity. ....

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