Market News Top 10 News Manufacturing PMI Slips to 55.5 in October – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Manufacturing PMI falls to 8-month low of 55.5 in October India’s manufacturing activity slipped to the lowest level in eight months in October 2023. The S&P Global Manufacturing Purchasing Managers’ Index (PMI) fell to 55.5 in October, compared to 57.5 in September. […] Written by Cherian Varghese November 1, 2023November 1, 2023
Daily Market Feed Post Market Analysis Recovery From Lows? Bullish Expiry for Nifty? – Post-Market Analysis NIFTY started the day at 19,446 with a gap-down of 82 points. The index continued the fall till 19,375, gave a small retracement, and fell further to 19,330 levels. It then gave a strong rebound of nearly 115 points— reaching the day’s high of 19,460 levels. Nifty closed at 19,436, down by 92 points or […] Written by Cherian Varghese October 4, 2023October 4, 2023
Market News Top 10 News M&M’s Net Profit Rises 22% YoY to Rs 1,549Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: M&M Q4 Results: Net profit jumps 22% YoY to Rs 1,549 crore Mahindra & Mahindra Ltd reported a 22% YoY rise in standalone net profit to Rs 1,549 crore for the quarter ended March (Q4 FY23). Its revenue also rose 31% […] Written by Ben Benny May 26, 2023May 26, 2023
Market News Top 10 News Titan’s Net Profit Rises 50% YoY to Rs 734Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Titan Q4 Results: Net profit rises 50% YoY to Rs 734 crore Titan reported a 50% YoY increase in net profit to Rs 734 crore for Q4 FY23. Its total revenue rose 33% YoY to Rs 9,704 crore during the quarter. EBITDA […] Written by Ben Benny May 3, 2023May 8, 2023
Market News Top 10 News Zomato’s Net Loss Widens in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato Q3 Results: Net loss widens to ₹347 crore Zomato Ltd reported a consolidated net loss of ₹347 crore for the quarter ended December (Q3 FY23). It posted a net loss of ₹63 crore in the corresponding quarter last year (Q3 FY22). […] Written by Cherian Varghese February 9, 2023February 9, 2023
Market News Top 10 News RBI Hikes Repo Rate by 25 bps to 6.5% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI hikes repo rate by 25 bps to 6.5% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) increased the repo rate by 25 basis points (bps) to 6.5%. The MPC has raised the key rate by 250 bps […] Written by Cherian Varghese February 8, 2023February 9, 2023
Market News Top 10 News Bharti Airtel Signs 5G Network Deals with Nokia, Samsung – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel signs 5G network deals with Ericsson, Nokia, Samsung Bharti Airtel Ltd has signed 5G network agreements with Swedish equipment maker Ericsson, Nokia, and Samsung to commence deployment of 5G networks from August. Ericsson will provide 5G connectivity in 12 circles […] Written by Cherian Varghese August 3, 2022August 3, 2022
Market News Top 10 News Adani Wilmar Slashes Edible Oil Prices – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Wilmar cuts edible oil prices by Rs 30 per litre Adani Wilmar Ltd has announced a reduction in cooking oil prices by up to Rs 30 per litre amidst a fall in global prices. The price of Adani Wilmar’s Fortune soyabean […] Written by Cherian Varghese July 18, 2022July 18, 2022
Market News Top 10 News DoT Extends Telecom PLI Scheme by One Year – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: DoT extends telecom PLI scheme by one year The Department of Telecommunications (DoT) has extended the production-linked incentive (PLI) scheme for telecom networking products by one year. It has raised the incentive rate by an additional 1%. The DoT has also amended […] Written by Cherian Varghese June 20, 2022June 20, 2022
Editorial How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022January 16, 2024
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 Manufacturing PMI Rises to 54.7 in April – Top Indian Market News Manufacturing PMI rises to 54.7 in April India’s manufacturing activity picked up marginally in April after decelerating to a six-month low in March. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 54.7 in April 2022, compared to 54 in March. Input costs rose to their fastest pace since November. PMI is a […] Written by marketfeed Team May 2, 2022May 2, 2022
