IndusInd Bank had a tremendous Q2 FY22 quarterly result after its profits rose by 72% YoY. Its Interest Income rose by 6.59%, Provisions and Contingencies fell by 7.6% and Gross NPA reduced by 2.77%. Despite such great results, IndusInd’s share price had a freefall last day. This piece covers the allegations made by a group […]
If you frequently browse YouTube, chances are that you might have come across ads that promote ‘Binary Options’. These ads look pretty authentic at the first. However, these ads turned out to be a menace. So much so, that YouTube decided to restrict any advertisement that promotes binary options. These ads promised clients a way […]
In Dabba Trading, the trader places an order with a bookie. Since this market is unregulated, the bookie accepts or operates order in a way that benefits the bookie himself. Since this market is unregulated, the bookie accepts or operates order in a way that benefits the bookie. Oftentimes, when the market turns against odds, bookies tend to abscond, causing the client to lose money.
Scams have taken place within exchanges and the stock market, but have you ever heard of a stock exchange itself scamming someone? The National Stock Exchange did exactly that in what is called the ‘NSE co-location Scam’. This scam involved close to 62 brokers, advisories, traders, and the employees of the National Stock Exchange. Here’s a quick brief on what the co-location scam was all about.