Market News Top 10 News India’s Services PMI Hits 3-Month High in Nov – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s services PMI hits three-month high in Nov Services activity in India expanded at the fastest pace in three months in November 2022 as a result of strong demand, successful marketing, and sustained growth in sales. The S&P Global India Services Purchasing […] Written by Cherian Varghese December 5, 2022December 5, 2022
Market News Top 10 News GST Collection up 11% YoY in Nov – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: GST collection in Nov at ₹1.46 lakh crore, up 11% YoY The gross Goods & Service Tax (GST) revenue collection for November stood at ₹1,45,867 crore, up 11% year-on-year (YoY). The Central GST accounted for ₹25,681 crore and State GST for ₹32,651 […] Written by Ben Benny December 1, 2022December 1, 2022
Market News Top 10 News Wipro Posts 9% YoY Fall in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wipro Q2 Results: Net profit falls 9% YoY to ₹2,660 crore Wipro Ltd reported a 9.2% YoY decline in consolidated net profit to ₹2,659 crore for the quarter ended March (Q2 FY23). Its revenue from operations rose 14.6% YoY to ₹22,539.7 crore […] Written by Cherian Varghese October 12, 2022October 12, 2022
Market News Top 10 News Future Enterprises Faces 2nd Plea to Initiate Insolvency – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Future Enterprises faces second plea to initiate insolvency Debt-ridden Future Enterprises is facing a second insolvency plea filed by an operational creditor before National Company Law Tribunal (NCLT). The latest petition was filed by Retail Detailz India, claiming a default of ₹4.02 […] Written by Cherian Varghese August 24, 2022August 25, 2022
Market News Top 10 News RBI Hikes Key Lending Rate to 4.4% – Top Indian Market News RBI hikes key lending rate to 4.4% The Reserve Bank of India (RBI) has raised its key lending rate (repo rate) by 40 basis points (bps) to 4.40% with immediate effect. RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geopolitical tensions, and high crude oil prices, which have impacted […] Written by marketfeed Team May 4, 2022May 4, 2022
Market News Top 10 News Titan’s Net Profit Falls 7% in Q4 – Top Indian Market News Titan Q4 Results: Net profit falls 7% YoY to Rs 491 crore Titan Company Ltd reported a 7.2% YoY decline in net profit to Rs 491 crore for the quarter ended March (Q4 FY22). Its revenue from operations fell 3.46% YoY to Rs 6,749 crore during the same period. Titan’s jewellery business posted a 4% […] Written by marketfeed Team May 3, 2022May 3, 2022
Market News Top 10 News CPI Inflation Rises to 17-Month High of 6.95% – Top Indian Market News CPI inflation rises to 17-month high of 6.95% Retail inflation in India soared to the highest level since October 2020, led by a rise in the prices of food items. Consumer Price Index (CPI) inflation stood at 6.95% in March 2022, compared to 6.07% in February. Inflation in food items and beverages rose 7.47% in […] Written by marketfeed Team April 12, 2022April 21, 2022
Market News Top 10 News Wholesale Inflation Rises to 14.23% in November – Top Indian Market News Wholesale inflation rises to 14.23% in November Wholesale price inflation (WPI) surged to a 12-year high of 14.23% in November, compared to 12.54% in October. The WPI inflation has been in double digits for the past 8 months. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic […] Written by marketfeed Team December 14, 2021April 21, 2022
Market News Top 10 News Tata Power Reports 51% YoY Rise in Net Profit in Q2 – Top Indian Market News Tata Power Q2 Results: Net profit rises 51% YoY to Rs 421 crore Tata Power reported a 51% YoY increase in consolidated net profit to Rs 421.5 crore for the quarter ended September (Q2 FY22). Net profit increased by 8% compared to the previous quarter. Its revenue from operations rose 18% YoY to Rs 9,810.2 […] Written by marketfeed Team October 28, 2021April 21, 2022
Market News Top 10 News RIL Reports 43% YoY Rise in Net Profit in Q2 – Top Indian Market News Reliance Industries Q2 Results: Net profit rises 43% YoY to Rs 13,680 crore Reliance Industries Ltd (RIL) reported a 43% YoY increase in net profit to Rs 13,680 crore for the quarter ended September (Q2 FY22). Net profit increased by 11% compared to the previous quarter. Its revenue from operations rose 49% YoY (or 21% […] Written by marketfeed Team October 22, 2021April 21, 2022
Market News Top 10 News SBI Reports 55% YoY Rise in Net Profit in Q1 – Top Indian Market News State Bank of India Q1 Results: Net profit rises 55% YoY to Rs 6,504 crore State Bank of India (SBI) reported a 55.2% YoY increase in net profit to Rs 6,504 crore for the quarter ended June (Q1 FY22). Its net interest income (NII) rose 3.7% YoY to Rs 27,638 crore during the same period. […] Written by marketfeed Team August 4, 2021April 21, 2022
Editorial Why Did Adani Stocks Crash Yesterday? A Deep Dive As most of you are aware, all Adani Group stocks have given its investors multi-fold returns over the past year. The shares of Adani Enterprises and Adani Transmission had surged by more than 900% and 600%, respectively, in just one year! Adani Power and Adani Green Energy stocks had rallied by 260% and 250%, respectively. […] Written by marketfeed Team June 15, 2021April 21, 2022
