Market News Top 10 News Services PMI Growth Declines to a 3-Month in June – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Services PMI growth declines to a three-month low of 58.5 India’s services sector eased to a three-month low in June. The S&P Global India Services Purchasing Managers’ Index (PMI) stood at 58.5 in June, compared to 61.2 in May. A quicker expansion […] Written by Cherian Varghese July 5, 2023July 5, 2023
Market News Top 10 News FTSE to Replace HDFC with HDFC Bank Post Merger – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: FTSE to replace HDFC with HDFC Bank post merger According to a report by Nuvama Alternative & Quantitative Research, FTSE Global Equity indices is expected to replace HDFC Ltd with HDFC Bank. HDFC Ltd is part of the FTSE indices, while […] Written by Ben Benny June 30, 2023June 30, 2023
Market News Top 10 News NSE Scraps Plan to Shift Nifty Bank F&O Expiry to Friday – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NSE scraps plan to shift Nifty Bank F&O expiry to Friday The National Stock Exchange (NSE) has canceled its plan to change the expiry of Nifty Bank derivative contracts from Thursday to Friday. The decision came after the Bombay Stock Exchange (BSE) […] Written by Ben Benny June 27, 2023June 27, 2023
Market News Top 10 News RVNL Secures 3 Orders Worth Rs 11,256Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RVNL secures 3 orders worth ₹11,256 crore from Chennai Metro Rail Rail Vikas Nigam Ltd (RVNL) has secured three contracts worth ₹11,256 crore from Chennai Metro Rail Ltd (CMRL). The contract is for the construction of underground stations in the CMRL’s Phase-2 […] Written by Ben Benny June 20, 2023June 20, 2023
Market News Top 10 News Britannia’s Net Profit Rises 47% YoY to Rs 559Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Britannia Q4 Results: Net profit jumps 47% YoY to Rs 559 crore Britannia Industries reported a 47% YoY increase in consolidated net profit to Rs 559 crore for Q4 FY23. Its operating revenue rose 13% YoY to Rs 4,023 crore during […] Written by Ben Benny May 5, 2023May 8, 2023
Market News Top 10 News IndusInd Bank’s Net Profit Rises 50% YoY to Rs 2,040Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IndusInd Bank Q4 Results: Net profit Jumps 50% YoY to Rs 2,040 crores IndusInd Bank has reported a 50% YoY increase in net profit to Rs 2,040 crore and a Net Interest Income (NII) of Rs 4,669 crore, up 17% YoY, for […] Written by Ben Benny April 24, 2023April 24, 2023
Market News Top 10 News RIL’s Net Profit Rises 19% YoY to Rs 19,299Cr – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Reliance Q4 Results: Net profit rises 19% YoY to Rs 19,299 crore Reliance Industries announced a 19% YoY increase in consolidated net profit to Rs 19,299 crore. Revenue is up 2% YoY to Rs 2.16 lakh crore. The company’s EBITDA in […] Written by Ben Benny April 21, 2023April 21, 2023
Market News Top 10 News HCL Tech’s Net Profit Rises 11% YoY to Rs 3,983Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HCL Tech Q4 Results: Profit rises 11% YoY To Rs 3,983 Crore HCL Technologies reported a consolidated net profit of Rs 3,983 crore for the quarter ended March, up 11% YoY. The company’s revenue from operations for the quarter increased by 18% […] Written by Ben Benny April 20, 2023April 20, 2023
Market News Top 10 News SBI to Raise Funds of Upto $2 Billion – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SBI approves fundraise of up to $2 billion for FY24 State Bank of India’s (SBI) board has approved fundraising of up to $2 billion (~Rs 16,400 crore) for the financial year 2023-24. SBI plans to raise this amount through foreign currency bonds […] Written by Cherian Varghese April 18, 2023April 18, 2023
Market News Top 10 News India’s Retail Inflation Eases to 5.66% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Retail inflation eases to 5.66% in March Retail inflation in India eased to a 16-month low of 5.66% in March 2023 from 6.75% in March 2022 as food inflation moderated on account of falling vegetable prices. The consumer food price index (CFPI) […] Written by Cherian Varghese April 12, 2023April 13, 2023
Market News Top 10 News IMF Cuts India’s FY24 GDP Forecast to 5.9% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IMF cuts India’s FY24 GDP forecast to 5.9% The International Monetary Fund (IMF) has revised its growth forecast for India’s current financial year (FY24) from 6.1% to 5.9%, citing tightening financing conditions and ongoing challenges from the Russia-Ukraine war and the lingering […] Written by Cherian Varghese April 11, 2023April 11, 2023
Market News Top 10 News ONGC to Invest USD 7 Billion to Boost Output – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ONGC to invest $7 billion to boost output Oil & Natural Gas Corp (ONGC) will invest $7 billion (~Rs 57,500 crore) over the next 3-4 years to reverse the decline in oil and gas production. The majority of ONGC’s fields are old […] Written by Cherian Varghese April 4, 2023April 4, 2023
