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KangaMoon dominates the meme coin space At the moment, KangaMoon (KANG) is beginning to gain traction in the meme coin space. In addition, sales from the ongoing presale have already exceeded $7.7 million, and estimates indicate that they will surpass $8 million in the next two weeks. Furthermore, KangaMoon has become well-known for creating a sizable community with over 32,000 registered users.

Vedanta Ltd. traded at Rs 456.7 on BSE at 10:20AM (IST) on Friday, up 1.38 per cent from previous close. The stock quoted a 52-week low price of Rs 207.85 and a high of Rs 506.85.

Tube Investments of India Ltd. rose 2.04 per cent to Rs 3940.6 at 10:25AM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,233 shares with a turnover of Rs 1.27 crore till 10:25AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 62.2, while the price-to-book value ratio stood at 14.15.

Read RBI Monetary Policy LIVE Updates hereHe is of the view that it was not a case of a basket buying or selling entirely PSU stocks, noting that some PSU Finance companies have become more expensive than HDFC Bank and Axis Bank.However, the veteran investor believes some of the PSU banks are still trading at comfortable levels and there may be buying opportunities for the long term. According to Kela, the balance sheets of state-run lenders have improved significantly.

Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, rose in early trade on Friday, extending their gain for the third day in a row, ahead of the RBI's monetary policy announcement today. Buying in IT stocks contributed to the market's bullish trend.The 30-share BSE Sensex rose 254.53 points to 75,329.04 in early trading.

₹24,960 crores cumulatively during the last three days. Therefore the largecaps in sectors like financials and IT where FIIs have huge assets under management may underperform. This trend will change when FIIs turn buyers, which is inevitable.

Stock market today: After the stock market crash on Tuesday, the Indian stock market extended its recovery for a second straight session on Thursday. The Nifty 50 index gained 201 points and closed at 22,821, while the BSE Sensex shot up 692 points and ended at 75,074.

Sensex gained 692.27 points, or 0.93%, to close at 75,074.51, while the Nifty 50 settled 201.05 points, or 0.89%, higher at 22,821.40.Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, ECB rate cut to US jobless claimsNifty 50 formed a small positive candle on the daily chart with upper and lower shadow.“Technically, this pattern indicates a high wave type candle pattern, which displays ongoing high volatility in the market at the highs. Technically, such a high wave pattern after a reasonable upmove calls for a caution for impending reversal.

Stocks to buy or sell: The Indian stock market, which experienced a significant downturn on Tuesday, has shown resilience by bouncing back in the last two consecutive sessions. The Nifty 50 index surged by 201 points, closing at 22,821, while the BSE Sensex skyrocketed by 692 points, concluding at 75,074.

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.

Ethereum’s ETF approval could be behind declining ETH volumes on crypto exchanges. Meanwhile, Ondo Finance (ONDO) has shot to a new all-time high.

Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years.

The NSE Nifty 50 index ended 0.89% higher at 22,821 points and the S&P BSE Sensex rose 0.93% to 75,074, adding to their gains of more than 3% on Wednesday.

ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission's queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot ether ETFs. It was a surprise win for the cryptocurrency industry which had expected the SEC to reject the filings after discouraging meetings with the regulator.

The wealth of the world’s rich is hitting record levels again, with North America leading the way, says a report out this week.

Online trading platform Robinhood Markets (HOOD) agreed to buy European cryptocurrency exchange Bitstamp for about $200 million, in a deal that will expand Robinhood's cryptocurrency and international business, according to a release Thursday.

international-brand life savings fake cancer/diabetes medicines worth crores of rupees.The officer further said that the cyber cell of the crime branch recieved information regarding the sale of spurious and unregistered lifesaving drugs in the Delhi NCR area."On April 4, a raid was conducted at Shree Ram International Traders in Bhagirath Palace where stock of various imported drugs along with other trade stock worth almost ₹1.5 crore was found," the officer said.Police seized the stock and revealed that the owner of the shop, Arya, was selling spurious lifesaving drugs."Another raid was conducted at a separate medicine vendor in Daryaganj. During the search, suspicious stock of various imported drugs along with other trade stock worth around ₹2.5 crore were found," the DCP said.Police said the seized medicines were not authorised for sale and distribution in India.Police said that during the investigation, it was revealed that the syndicate is being operated in connivance with foreign nationals.

₹6,500, sees an upside potential of 10.73 per cent.“The stock has corrected well and has consolidated near 5700 levels to maintain a good base taking support and currently we anticipate a bounce back with strength and potential to rise further in the coming days," Parekh said.Also read: Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?“The RS has shown signs of positive bias and with good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of 6500 levels keeping the stop loss of 5650," she added.Dr Reddy's shares was trading 1.29 per cent higher on Thursday, June 7. The stock closed at ₹5,899.40 per share, against previous close at ₹5,824 on Wednesday.Dr.

Bloomberg.ALSO READ: After $2 trillion gain, Nvidia is still irresistible to many“With a total market capitalisation of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges excluding Hong Kong," said Bloomberg, citing data.Investors are bullish on Microsoft, Apple and Nvidia due to their powerful competitive positions, fat profit margins and strong balance sheets.Chipmaker Nvidia, the world’s second most valued company, saw its market capitalisation touching $3 trillion this week.Nvidia stock rose 5.2 per cent to end at $1,224.40 on Wednesday, valuing the company at $3.012 trillion.It advanced almost 2 per cent in New York premarket trading on Thursday after it became the first computer chip company to surpass $3 trillion in value.ALSO READ: Federal regulators grant antitrust probe into Microsoft, OpenAI and NvidiaThe chipmaker is preparing to split its stock 10-for-one, from June 7, a move that could increase its appeal to individual investors.So far in 2024, Nvidia’s stock has surged 147 per cent.In a race to dominate the AI market, Microsoft recently said that it is infusing AI features into its products and services.Earlier this week, Microsoft-backed OpenAI had said it would release a new AI model called GPT-4o which will be capable of realistic voice conversation and able to interact across text and image.The Redmond-based IT major is the world's most valuable company, ahead of Nvidia and Apple, with $3.15 trillion in market capitalisation.

Stocks to buy: The Indian stock market sustained its positive momentum, indicating stability post the Lok Sabha election 2024 results, on June 7. Both the Sensex and the Nifty 50 indices climbed by almost 1 percent each, marking the second successive session of gains.

Robinhood Markets has announced an agreement to acquire Bitstamp Ltd ., one of the oldest and most respected cryptocurrency exchanges, in a $200 million all-cash deal.