Market News Top 10 News RBI Imposes Rs 2.5Cr Fine on L&T Finance – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI imposes ₹2.5 crore fine on L&T Finance The Reserve Bank of India (RBI) has imposed a penalty of ₹2.5 crore on L&T Finance Ltd for non-compliance with certain norms concerning non-banking financial companies (NBFCs). The RBI reported that the NBFC did […] Written by Ben Benny October 20, 2023October 20, 2023
Market News Top 10 News RBI Stops Bank of Baroda From Adding Users to Mobile App – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI stops Bank of Baroda from adding customers to its mobile app The Reserve Bank of India (RBI) has directed Bank of Baroda to stop adding customers to its mobile application, bob World. The ban is based on certain material supervisory concerns […] Written by Ben Benny October 10, 2023October 10, 2023
Market News Top 10 News Vedanta to Split Into Six Listed Companies – Top Indian Market Updates Here are some of the major updates that could move the markets on Tuesday: Vedanta to split into six listed companies Vedanta Ltd will spin off and list six of its businesses as it seeks to fuel their growth. The demerger plan is aimed at driving better valuations as its parent company struggles to raise […] Written by Ben Benny September 29, 2023October 3, 2023
Market News Top 10 News NSE Plans Longer FnO Trading Hours – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NSE plans longer F&O trading hours As per an Economic Times report, the National Stock Exchange (NSE) is finalising plans to extend trading hours for equity derivatives. The exchange proposes to launch an evening session, possibly between 6 PM and 9 PM. […] Written by Ben Benny September 25, 2023October 3, 2023
Daily Market Feed Post Market Analysis Panic Selling in the Markets. Pharma Stocks Surge! – Post-Market Analysis NIFTY started the day at 19,463 with a gap-down of 62 points. Initially, the index tried moving up, but the earlier support of 19,500 now turned into resistance. After forming a double top near the 19,500 zone, the index crashed without a retracement till 19,300 and then gave a sharp recovery of 100 points like […] Written by Cherian Varghese August 3, 2023August 3, 2023
Market News Top 10 News Wipro’s Net Profit Rises 12% YoY to Rs 2,870Cr in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wipro Q1 Results: PAT rises 12% YoY to Rs 2,870 crore Wipro reported a 12% YoY rise in consolidated net profit to ₹2,870 crore for the quarter ended June (Q1 FY24). The company’s operating revenue stood at ₹22,831 crore, up 6% YoY. […] Written by Ben Benny July 13, 2023July 13, 2023
Market News Top 10 News ICICI Securities to Consider Delisting – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ICICI Securities to consider delisting ICICI Securities will hold a board meeting on Thursday, June 29, to consider a proposal of delisting its equity shares. The company’s parent, ICICI Bank, will also hold a similar board meeting for the proposal. As per […] Written by Ben Benny June 26, 2023June 26, 2023
Market News Top 10 News Reliance in Talks for $2 Billion Loan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Reliance in talks for $2 billion loan to fuel expansion According to a Bloomberg report, Reliance Industries Ltd is in discussions with lenders to secure a foreign-currency loan of up to $2 billion. The company plans to utilise India’s dedicated external commercial […] Written by Ben Benny June 15, 2023June 15, 2023
Market News Top 10 News Godrej Properties Acquires 28-acre Land Parcel in Bengaluru – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Godrej Properties acquires 28-acre land parcel in Bengaluru Godrej Properties has acquired a land parcel spread over 28 acres in Bengaluru to develop a mixed-use project consisting of apartments and retail development. The land acquisition is in line with the company’s plan […] Written by Cherian Varghese March 13, 2023March 14, 2023
Market News Top 10 News Adani Enterprises FPO Fully Subscribed on Final Day – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Enterprises FPO fully subscribed on final day The follow-on public offering (FPO) of Adani Enterprises Ltd secured bids for 50.85 million shares against an offer size of 45.5 million shares (representing a 1.12 times subscription) on the final day of bidding. […] Written by Cherian Varghese January 31, 2023January 31, 2023
Market News Top 10 News Advent Buys Significant Stake in Suven Pharma – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Advent International acquires significant stake in Suven Pharma Global private equity investor Advent International has entered into a definitive agreement to acquire a 50.1% stake in Suven Pharmaceuticals Ltd from the Jasti family (promoters) for ₹6,313 crore. Advent will also launch an […] Written by Cherian Varghese December 26, 2022December 26, 2022
Market News Top 10 News Adani Group to Get Control of NDTV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Group to get NDTV control as promoters decide to sell bulk of their stake New Delhi Television Ltd’s (NDTV) founders Prannoy Roy and his wife Radhika Roy have decided to transfer most of their shares in the company to the Adani […] Written by Cherian Varghese December 23, 2022December 23, 2022
