Daily Market Feed Post Market Analysis Bank Nifty Holding Down Nifty! – Post-Market Analysis NIFTY started the day at 19,770 with a gap-up of 77 points (well above the important resistance zone). After initial consolidation, the index moved up to 19,830 levels but faced rejection. It then fell back to the opening levels and consolidated. Nifty closed at 19,783, up by 89 points or 0.45%. BANK NIFTY (BNF) started […] Written by Cherian Varghese November 21, 2023November 21, 2023
Market News Top 10 News ONGC to Invest Rs 1 Lakh Cr to Set Up Petrochem Plants – Top Indian Market Updates ONGC to invest ₹1 lakh crore to set up 2 petrochem plants Oil & Natural Gas Corporation (ONGC) plans to invest about ₹1 lakh crore to set up two petrochemical plants to convert crude oil directly into high-value chemical products as it prepares for energy transition. The company aims to raise its petrochemical capacity to […] Written by Cherian Varghese November 15, 2023November 15, 2023
Market News Top 10 News Retail Inflation Falls to 4-Month Low in October – Top Indian Market Updates Here are some of the major updates that could move the markets on Wednesday: India’s retail inflation falls to 4-month low of 4.87% in October India’s retail inflation, measured by the Consumer Price Index (CPI), declined to a four-month low of 4.87% in October. CPI stood at 5.02% in September 2023. The consumer food price […] Written by Ben Benny November 13, 2023November 13, 2023
Market News Top 10 News Asian Paints Posts 53% YoY Rise in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Asian Paints Q2 Results: Net profit rises 53% YoY to ₹1,232 crore Asian Paints reported a 53.3% year-on-year (YoY) increase in net profit to ₹1,232 crore for the quarter ended September 2023 (Q2 FY24). Its consolidated revenue from operations rose just 0.2% […] Written by Ben Benny October 26, 2023October 26, 2023
Market News Top 10 News Disney to Sign Multibillion-Dollar Deal With Reliance – Top Indian Market Updates Here are some of the major updates that could move the markets on Wednesday: Disney to sign multibillion-dollar deal with Reliance Industries Reliance Industries Ltd (RIL) is set to acquire Walt Disney Co’s (WDC) India operations in a cash and stock deal. WDC may sell a controlling stake in the Disney Star business, which it […] Written by Ben Benny October 23, 2023October 23, 2023
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 TCS Posts 9% YoY Rise in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: TCS Q2 Results: Profit rises 9% YoY to ₹11,342 crore Tata Consultancy Services (TCS) reported a 9% YoY increase in consolidated net profit to ₹11,342 crore for the quarter ended September 2023 (Q2 FY24). Its consolidated revenue rose 8% YoY to ₹59,692 […] Written by Ben Benny October 11, 2023October 11, 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 on Monday: RBI keeps repo rate unchanged at 6.5% The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the fourth consecutive period since May 2023 to control inflation. However, retail inflation stood at 6.83% in August. The […] Written by Ben Benny October 6, 2023October 6, 2023
Daily Market Feed Post Market Analysis Markets Holding Key Levels! Bearish Bank Nifty Expiry? – Post-Market Analysis NIFTY started the day at 19,622 with a small gap-down of 16 points. Right after opening, the index fell 140 points to 19,480 levels. It later consolidated in a nearly 70-point range throughout the day. Nifty closed at 19,528, down by 109 points or 0.56%. BANK NIFTY (BNF) started the day flat at 44,566. After […] Written by Cherian Varghese October 3, 2023October 4, 2023
Market News Top 10 News Adani Green & TotalEnergy to Form Rs 2,500Cr JV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Green and TotalEnergy to form Rs 2,490Cr JV Adani Green Energy’s board approved the execution of a binding term sheet between Adani Green Energy Twenty Three Ltd and TotalEnergies. Total will make a further investment of $300 million (~₹2,490 crore) to […] Written by Ben Benny September 20, 2023September 20, 2023
Market News Top 10 News L&T Wins Multibillion-Dollar Order From Saudi Aramco – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: L&T wins multi-billion-dollar order from Saudi Aramco Larsen & Toubro (L&T) has secured a multi-billion dollar worth contract from Saudi Aramco. The combined value of the order win is estimated at $3.9 billion. According to MEED (formerly Middle East Economic Digest), L&T […] Written by Ben Benny September 7, 2023September 7, 2023
Daily Market Feed Pre Market Report Bearish Opening for NIFTY! – Pre-Market Analysis Report Here are some of the major updates that could move the markets today: Stocks Adani Ports auditor Deloitte resigned from their duties on Friday, without giving any specific reasons. Adani appointed MSKA & Associates as a replacement. ONGC reported a standalone profit of Rs 10,015 crore for the quarter, falling 34.1% YoY. Nykaa reported a […] Written by Ajay Ajith August 14, 2023August 14, 2023
