Daily Market Feed Post Market Analysis Momentum Lost in Nifty and Bank Nifty! – Post-Market Analysis NIFTY started the day at 19,674 with a gap-down of 91 points. After opening, the index made a strong recovery of more than 130 points to 19,800 levels. For the rest of the day, it consolidated in a range with a negative bias. Nifty closed at 19,731, down by 33 points or 0.17%. BANK NIFTY […] Written by Cherian Varghese November 17, 2023November 20, 2023
Market News Top 10 News Reliance’s Net Profit Falls 15% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RIL Q3 Results: Net profit falls 14.8% YoY to ₹15,792 crores Reliance Industries Ltd (RIL) reported a 14.8% year-on-year (YoY) decline in consolidated net profit to ₹15,792 crores for the quarter ended December (Q3 FY23)— missing street estimates. Profit declined due […] Written by Cherian Varghese January 20, 2023January 21, 2023
Market News Top 10 News ONGC Posts 30% YoY Fall in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ONGC Q2 Results: Net profit falls 30% YoY to ₹12,826 crore Oil & Natural Gas Corporation (ONGC) reported a 30% year-on-year (YoY) decline in net profit to ₹12,825.99 crore in Q2 FY23. Its revenue from operations rose 57.4% YoY to ₹38,321 crore […] Written by Cherian Varghese November 15, 2022November 15, 2022
Market News Top 10 News Fortis Healthcare Shares Crash 20% on SC Order – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Fortis Healthcare shares crash 20% as SC extends stay on IHH open offer Shares of Fortis Healthcare Ltd crashed nearly 20% after the Supreme Court (SC) ordered the continuation of a stay on IHH Healthcare’s open offer for the company. The court […] Written by Cherian Varghese September 22, 2022September 22, 2022
Market News Top 10 News PVR Reports First Profit After Two Years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Q1 Results: Net profit at Rs 68 crore PVR Limited reported its first net profit after two Covid-hit years at Rs 68.3 crore for the quarter ended June (Q1 FY23). The multiplex operator had posted a net loss of Rs 142 […] Written by Cherian Varghese July 21, 2022July 22, 2022
Market News Top 10 News Mindtree Reports 37% YoY Rise in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Mindtree Q1 Results: Net profit rises 37% YoY to Rs 472 crore Mindtree reported a 37.3% YoY increase in net profit to Rs 471.6 crore for the quarter ended June (Q1 FY23). Its revenue from operations grew 36.2% YoY (or 7.7% QoQ) […] Written by Cherian Varghese July 13, 2022July 13, 2022
Market News Top 10 News India’s Services PMI Hits 11-Year High in June – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s services PMI hits 11-year high in June Services activity in India expanded at the fastest pace in 11 years in June 2022. The S&P Global India Services Purchasing Managers’ Index (PMI) stood at 59.2 in June, compared to 58.9 in May. […] Written by Cherian Varghese July 5, 2022July 5, 2022
Editorial Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
Market News Top 10 News Retail Inflation Spikes to 7.79% in April – Top Indian Market News Retail inflation spikes to 7.79% in April India’s retail inflation, measured by the Consumer Price Index (CPI), surged to an eight-year high of 7.79% in April. Retail inflation stood at 6.95% in March. This is the fourth consecutive month that CPI data has breached the Reserve Bank of India’s (RBI) upper margin of 6%. Inflation […] Written by marketfeed Team May 12, 2022May 12, 2022
Market News Top 10 News SBI Cards Partners With Paytm to Tokenise Cards – Top Indian Market News SBI Cards partners with Paytm to tokenise cards SBI Cards & Payment Services Ltd has partnered with One97 Communications to enable cardholders to tokenise their cards on devices and make payments through Paytm. Tokenisation refers to masking the original card number by replacing it with a set of unique characters (termed as tokens) that secure […] Written by marketfeed Team December 30, 2021April 21, 2022
Editorial What Led to the 23% Fall in RBL Bank? Investors of RBL Bank faced a tough day in the markets on Monday as shares fell up to 23% intraday. Shareholders were left confused by a series of developments that took place over the weekend. In this article, we dive into the events that transpired and what lies ahead for the bank. The Story During […] Written by marketfeed Team December 28, 2021April 21, 2022
Market News Top 10 News Oil India to Set Up Green Hydrogen Plant in Assam – Top Indian Market News Oil India to set up green hydrogen plant in Assam Oil India Ltd (OIL) has announced plans to set up a plant to manufacture green hydrogen at its Jorhat oilfield in Assam. The hydrogen generated from the plant will be blended with natural gas using existing infrastructure. Hydrogen, being the cleanest form of energy, is […] Written by marketfeed Team December 27, 2021April 21, 2022
