Pump and Dump: After 3,000% rally in a single day, stock loses two-thirds of that in three sessions

From Monday’s close above $45, shares of Eightco Holdings are back at $14, while its closing last Friday was just above $1.5 apiece.

From Monday’s close above $45, shares of Eightco Holdings are back at $14, while its closing last Friday was just above $1.5 apiece.

Concerns over rising inflation and a gradual seeping of US President Donald Trump’s tariffs into prices was overshadowed by the initial jobless claims update, which confirmed the weakness in the labor market.

Infosys led the action with a ₹18,000 crore buyback and a 10-year digital transformation deal with HanesBrands. Lodha Developers sealed a ₹30,000 crore data centre park MoU, while JBM Auto secured $100 million from IFC for EV buses. NBCC, JSW…

Madhavi Arora, Chief Economist at Emkay Global Financial Services, noted that “the August CPI was largely in-line, removing a key risk for the markets ahead of next week’s FOMC meeting.”

Adani Group bans Western-sanctioned tankers at all ports, impacting Russian oil supplies for HPCL-Mittal Energy Ltd and Indian Oil Corp. Read more.

Shares of the company ended 0.6% higher at a price of ₹521.60 on Thursday. The stock has lost nearly 19% of its value in the year-to-date periodl.

Oracle shares dipped on Thursday after a record rally driven by AI-fuelled cloud demand briefly pushed its valuation near $1 trillion and co-founder Larry Ellison to the world’s richest title.

The Financial Services Institutions Bureau (FSIB) has recommended Ravi Ranjan for the role of managing director at SBI. Shares of State Bank of India ended higher on Thursday (September 11) by 0.67% at ₹823.80 on the BSE.

Following the revision, the one-year MCLR – a key benchmark for many loans including home loans – now stands at 8.85%, compared with 8.90% earlier.

Mahindra Holdings, a wholly owned arm of M&M, has acquired stakes in Mahindra & Mahindra Contech and PSL Media, making them subsidiaries.