Does Bitcoin’s maturity make it a better hedge against global risk?

Does Bitcoin’s maturity make it a better hedge against global risk? Cryptocurrencies such as Bitcoin have existed for over a decade now, making a lasting impression on financial markets. However, with regard to regulations that surround it and the adoption rate, there is still much to be desired. As Bitcoin approaches yet another milestone, the…

Business – Sensex plunges over 700 pts; Nifty drops below 8,400

Business -/Sensex plunges over 700 pts; Nifty drops below 8,400 Mumbai: Equity benchmark Sensex slumped over 700 points in early trade on Wednesday tracking losses in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank and Infosys amid weak cues from global markets. Starting the new financial year on a negative note, the 30-share BSE barometer was…

Investors get poorer by Rs 7.62 lakh crore as coronavirus fears deepen

Investors’ wealth eroded by Rs 7.62 lakh crore on Monday as markets witnessed yet another sharp fall, with the Sensex plunging 2,713.41 points as coronavirus scare continued to hit market sentiment. The market capitalisation of BSE-listed companies dropped by Rs 7,62,290.23 crore to Rs 1,21,63,952.59 crore at the close of trade. The drop in investor…