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Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization. [4] [5] Rediff.com is headquartered in Mumbai with offices in Bangalore, New Delhi, and New York City. [citation needed]
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
The following is a timeline on the rise of the SENSEX through Indian stock market history. 1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results.
A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors bet President-elect Donald Trump’s choice for ...
Chairman & CEO of Rediff.com Ajit Balakrishnan is an Indian entrepreneur, business executive and administrator. [ 1 ] He is the founder, current chairman and chief executive officer of Rediff.com , an internet company based in Mumbai .
The NIFTY 50 index is a free float market capitalisation-weighted index. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million. The company should have a listing history of 6 months.
Reddit stock soared more than 40% to a record high of $117 on Wednesday after the newly public social media company reaped its first-ever post-IPO profit.
Quotron was a Los Angeles–based company that in 1960 became the first financial data technology company to deliver stock market quotes to an electronic screen rather than on a printed ticker tape. The Quotron offered brokers and money managers up-to-the-minute prices and other information about securities . [ 1 ]