Market News Top 10 News Jio Fin Services to be Excluded From NSE Indices – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Jio Financial Services to be excluded from NSE indices from Sept 7 NSE Indices is set to remove Jio Financial Services Ltd (JFSL) from its Nifty indices. This move comes after JSFL stock failed to meet the price band criteria on two […] Written by Ben Benny September 5, 2023September 5, 2023
Daily Market Feed Post Market Analysis Pharma, IT Stocks Lift Nifty – Post-Market Analysis NIFTY started the day at 19,576 with a gap-up of 59 points (above the important resistance level of 19,500). The index initially fell and took support at 19,524 levels. Then, it made a 60-point up-move, fell back to the 19,530 zone, consolidated for a bit, and made a sharp move till 19,620 (the day’s high). […] Written by Rohit Satheesan August 7, 2023August 7, 2023
Market News Top 10 News SBI’s Net Profit Rises 178% YoY to Rs 16,884Cr in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: SBI Q1 Results: Net profit jumps 178% YoY to ₹16,884 crore State Bank of India (SBI) reported a 178.24% YoY jump in net profit to ₹16,884 crore for the quarter ended June (Q1 FY24), beating street estimates. Its Net Interest Income […] Written by Ben Benny August 4, 2023August 5, 2023
Daily Market Feed Post Market Analysis Blood Bath on Monthly Expiry! – Post-Market Analysis Post-Market Analysis for July 27, 2023: NIFTY started the day at 19,850 with a gap-up of 72 points (above the resistance zone of 19,840). Right from the beginning, Nifty started moving down with strength. It gave a continuous fall to 19,600! Yes, a 250+ point down-move! Post 3 PM, there was a strong recovery of […] Written by Cherian Varghese July 27, 2023July 28, 2023
Market News Top 10 News Axis Bank Posts 40% YoY Rise in Q1 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Axis Bank Q1 Results: Net profit rises 40% YoY to ₹5,797 crore Axis Bank reported a 40% year-on-year (YoY) increase in consolidated net profit of ₹5,797 crore for the quarter ended June (Q1 FY24). Its net interest income (NII) rose 27% YoY […] Written by Cherian Varghese July 26, 2023July 26, 2023
Market News Top 10 News ITC to Demerge Hotels Business – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ITC board gives in-principle approval for demerger of hotels business The board of FMCG major ITC has given in-principle approval for the demerger of its hotel business. Under the new scheme, ITC would hold around 40% stake and the balance will be […] Written by Cherian Varghese July 24, 2023July 24, 2023
Market News Top 10 News RBI Keeps Repo Rate Unchanged at 6.5% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI keeps repo rate unchanged at 6.5% The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.50%. The decision was made by RBI’s Monetary Policy Committee (MPC) unanimously, with a majority vote on withdrawing accommodation to […] Written by Ben Benny June 8, 2023June 8, 2023
Market News Top 10 News India’s Coal Production Grows 7.10% in May – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: India’s coal production grows 7.10% to 76.26 MT in May Domestic coal production in India grew 7.10% YoY in May, reaching 76.26 million tonnes (MT). The Ministry of Coal achieved this milestone, surpassing the previous year’s production. In April-May FY23, cumulative […] Written by Ben Benny June 2, 2023June 2, 2023
Market News Top 10 News WPI Inflation Eases to 1.34% in March – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: WPI Inflation eases to 1.34% in March The wholesale price index (WPI)-based inflation rate dropped to a 29-month low of 1.34% in March, down from 3.85% in February. This decline was attributed to a higher base effect and a decrease in the […] Written by Cherian Varghese April 17, 2023April 17, 2023
Market News Top 10 News WPI Falls to Over Two-Year Low of 3.85% in Feb – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Wholesale inflation falls to over two-year low of 3.85% in Feb India’s Wholesale Price Index (WPI)-based inflation fell to a 25-month low of 3.85% in February 2023. WPI stood at 4.73% in Jan. The government has attributed the decline in inflation rate […] Written by Cherian Varghese March 14, 2023March 14, 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 M&M’s Net Profit Rises 34% in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: M&M Q3 Results: Net profit rises 34% YoY to ₹2,676 crore Mahindra & Mahindra Ltd reported a 34.6% YoY increase in consolidated net profit to ₹2,676.56 crore for the quarter ended December (Q3 FY23). Its revenue from operations rose 29.7% YoY […] Written by Cherian Varghese February 10, 2023February 13, 2023