Market News Top 10 News Retail Inflation at 7.01% in June – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation at 7.01% in June Retail inflation in India (measured by the Consumer Price Index) eased to 7.01% in June, compared to 7.04% in May. The overall inflation in food items stood at 7.75% in June, compared to 7.97% in the […] Written by Cherian Varghese July 12, 2022July 12, 2022
Editorial Major IT Stocks are Falling! Find Out Why! The stock markets have not been kind to investors over the past few months. Foreign institutional investors (FIIs) have pulled out nearly Rs 1.65 lakh crore so far from the Indian equity markets this year. Major IT stocks (mostly considered defensive stocks historically) have been under heavy selling pressure. The NIFTY IT Index has fallen […] Written by Cherian Varghese May 26, 2022May 26, 2022
Market News Top 10 News UPL Posts 29% YoY Rise in Q4 Net Profit – Top Indian Market News UPL Q4 Results: Net profit rises 29% YoY to Rs 1,379 crore UPL Ltd reported a 29% YoY increase in consolidated net profit to Rs 1,379 crore for the quarter ended March (Q4 FY22). Its revenue from operations grew 24% YoY to Rs 15,860 crore during the same period. The chemical manufacturer’s EBITDA stood at […] Written by marketfeed Team May 9, 2022May 9, 2022
Market News Top 10 News HCL Tech Reports 226% YoY Jump in Q4 Net Profit – Top Indian Market News HCL Tech Q4 Results: Net profit jumps 226% YoY to Rs 3,593 crore HCL Technologies Ltd reported a 226% YoY jump in net profit (24% YoY on an adjusted basis*) to Rs 3,593 crore for the quarter ended March (Q4 FY22). Net profit increased 4.39% compared to the previous quarter. Its revenue from operations rose […] Written by marketfeed Team April 21, 2022April 22, 2022
Market News Top 10 News Infosys Reports 12% YoY Rise in Net Profit in Q4 – Top Indian Market News Infosys Q4 Results: Net profit rises 12% YoY to Rs 5,686 crore Infosys Ltd reported a 12% YoY rise in consolidated net profit to Rs 5,686 crore for the quarter ended March (Q4 FY22). Net profit fell 2.12% when compared to the previous quarter. Its revenue from operations rose 23% YoY (or 1.28% QoQ) to […] Written by marketfeed Team April 13, 2022April 21, 2022
Market News Top 10 News PVR to Merge With INOX – Top Indian Market News PVR to merge with INOX to form India’s largest entertainment company Multiplex chains PVR Ltd and INOX Leisure Ltd have decided to merge to form the largest entertainment company in India. On Sunday, the boards of the two companies approved the amalgamation and share exchange ratios. INOX shareholders will receive three shares in PVR for […] Written by marketfeed Team March 28, 2022April 21, 2022
Market News Top 10 News UPL Approves Rs 1,100 crore Share Buyback Plan – Top Indian Market News UPL approves Rs 1,100 crore share buyback plan The Board of Directors of UPL Limited has approved a proposal to buy back equity shares worth Rs 1,100 crore. The company will buy back 1.26 crore equity shares (or 1.65% of the total paid-up capital) at Rs 875 per share through the open market. The maximum […] Written by marketfeed Team March 2, 2022April 21, 2022
Market News Top 10 News Coal India’s Output Grows 4% in Feb – Top Indian Market News Coal India’s output grows 4% to 64 MT in February Coal India Ltd (CIL) produced 64.3 million tonnes (MT) of coal in February 2022, registering a growth of 4% YoY. On a month-on-month basis, CIL’s average production increased to 2.3 MT per day in Feb. The company’s production at 542.4 MT during the April-February period […] Written by marketfeed Team March 1, 2022April 21, 2022
Market News Top 10 News WPI Inflation Eases to 13.56% in December – Top Indian Market News WPI inflation eases to 13.56% in December India’s wholesale price index (WPI)-based inflation eased to 13.56% in December, compared to 14.23% in November. The fall in the prices of manufactured products and fuel & power offset costlier vegetable prices. Inflation in manufactured goods stood at 10.62%, compared to 11.92% in November. Fuel & power inflation […] Written by marketfeed Team January 14, 2022April 21, 2022
Market News Top 10 News RBI Retains Growth Forecast for FY22 at 9.5% – Top Indian Market News RBI retains GDP growth target at 9.5% in FY22 The Reserve Bank of India’s Monetary Policy Committee (MPC) has left the Repo Rate unchanged at 4%. The Reverse Repo Rate also remains unchanged at 3.35%. The RBI’s projection of real Gross Domestic Product (GDP) growth for FY22 has been retained at 9.5%. The GDP growth […] Written by marketfeed Team December 8, 2021April 21, 2022
Market News Top 10 News Asian Paints to Hike Prices by 4-6% From Dec – Top Indian Market News Asian Paints to hike prices by 4-6% from December Asian Paints Ltd has confirmed that it is taking a price hike of about 4-6% starting December 5 to offset the impact of rising input costs. The company had earlier hiked prices by 8-9% with effect from November 12. So far, it has taken a cumulative […] Written by marketfeed Team November 16, 2021April 21, 2022
Market News Top 10 News WPI Inflation Eases to 10.66% in September – Top Indian Market News WPI inflation eases to 10.66% in September 2021 Inflation based on the Wholesale Price Index (WPI) fell to 10.66% in September 2021 from 11.39% in August, as prices of primary articles, fuel & power, and food fell during the period. The benchmark inflation index has remained in double digits for the last six months. Food […] Written by marketfeed Team October 14, 2021April 21, 2022
