Market News Top 10 News WPI Inflation Eases to -3.48% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: May WPI inflation falls to -3.48%, lowest since November 2015 According to the Ministry of Commerce, India’s wholesale price index (WPI)-based inflation fell from -0.92% in April to -3.48% in May. WPI is at its lowest level since November 2015, marking the […] Written by Ben Benny June 14, 2023June 14, 2023
Market News Top 10 News PV Wholesales Rise 13.54% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Passenger vehicle wholesales rise 13.54% in May at 3.3 lakh units According to the Society of Indian Automobile Manufacturers (SIAM), wholesale domestic passenger vehicle (PV) sales in May increased by 13.54% YoY to 3,34,247 units, compared to 2,94,392 units in May FY22. […] Written by Ben Benny June 13, 2023June 13, 2023
Market News Top 10 News India’s Retail Inflation Eases to 4.25% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s retail inflation eases to a 2-year low of 4.25% in May According to the Ministry of Statistics, India’s retail inflation has eased to a two-year low of 4.25% in May 2023, compared to 4.7% in April. Retail inflation is measured by […] Written by Ben Benny June 12, 2023June 12, 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 PVR Inox’s Net Loss at Rs 333 crore in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Inox Q4 Results: Net loss at Rs 333 crore PVR Inox reported a net loss of Rs 333 crore for the quarter ended March 2023 (Q4 FY23), compared to a net profit of Rs 16.1 crore in Q4FY22. However, its operating […] Written by Ben Benny May 15, 2023May 15, 2023
Market News Top 10 News Asian Paints’ Profit Rises 45% YoY to Rs 1,234Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Asian Paints Q4 Results: Net profit jumps 45% YoY to Rs 1,234 crore Asian Paints reported a 45% YoY increase in consolidated net profit to Rs 1,234 crore for Q4 FY23. Its operating revenue rose 11% YoY to Rs 8,787 crore during […] Written by Cherian Varghese May 11, 2023May 11, 2023
Market News Top 10 News India’s Manufacturing PMI Hits a 3-Month High in March – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s manufacturing PMI hits a three-month high of 56.4 in March India’s manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 56.4 […] Written by Cherian Varghese April 3, 2023April 3, 2023
Market News Top 10 News SpiceJet’s Net Profit Jumps 161% YoY in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: SpiceJet Q3 Results: Net profit jumps 161% YoY to ₹110 crore SpiceJet Ltd reported a 161% YoY jump in consolidated net profit to ₹110 crore for the quarter ended December (Q3 FY23). Its revenue from operations rose 2.4% YoY to ₹2,317 […] Written by Cherian Varghese February 24, 2023February 24, 2023
Market News Top 10 News Maruti Suzuki Posts 4-Fold Jump in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Maruti Suzuki Q2 Results: Net profit jumps 4-fold YoY to ₹2,062 crore Maruti Suzuki India Ltd reported a 333.72% year-on-year (YoY) jump in consolidated net profit to ₹2,061.5 crore for the quarter ended Sept (Q2 FY23). Higher commodity prices and chip […] Written by Cherian Varghese October 28, 2022October 31, 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 Adani Ports Secures $3 billion Port Project in West Bengal – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Ports secures $3 billion port project in West Bengal Adani Ports & Special Economic Zone (APSEZ) will develop the Tajpur deep sea port in West Bengal at a planned investment of $3.1 billion (~₹24,775 crore). The local government expects to create […] Written by Cherian Varghese September 21, 2022September 21, 2022
Market News Top 10 News SpiceJet to Send 80 Pilots on Leave Without Pay – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet to send 80 pilots on leave without pay SpiceJet Ltd will send around 80 pilots on Leave Without Pay (LWP) as the airline finds itself with excess pilots. Around 40 pilots from the Boeing 737 fleet and 40 from the Q400 […] Written by Cherian Varghese September 20, 2022September 20, 2022
