Market News Top 10 News IOCL Posts Net Profit of Rs 12,967Cr in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: IOCL Q2 Results: Net profit at ₹12,967 crore Indian Oil Corporation Ltd (IOCL) reported a net profit of ₹12,967 crore for the quarter ended September (Q2 FY24). IOCL posted a net loss of ₹272 crore in the same quarter last year. Its […] Written by Ben Benny October 31, 2023October 31, 2023
Market News Top 10 News Vedanta Approves NCD Issue Worth Rs2,500Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vedanta approves issue of NCDs worth ₹2,500Cr Vedanta’s board has approved raising to ₹2,500 crore through the issue of secured, unrated, unlisted, redeemable non-convertible debentures (NCDs). The company will issue 2.5 lakh NCDs with a face value of ₹1 lakh each. The […] Written by Ben Benny September 21, 2023September 21, 2023
Daily Market Feed Post Market Analysis Bullishness Confirmed in Nifty! – Post-Market Analysis NIFTY started the day at 19,598 with a small gap-down of 12 points. After an initial fall of 50 points to 19,550 levels, the index made a strong uptrend rally of nearly 200 points to 19,750 levels. Nifty closed at 19,727, up by 116 points or 0.59%. BANK NIFTY (BNF) started the day flat at […] Written by Cherian Varghese September 7, 2023September 8, 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 Bajaj Auto’s Net Profit Falls 2% to Rs 1,433Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bajaj Auto Q4 Results: Net profit falls 2% YoY to Rs 1,433 crore Bajaj Auto reported a 2% YoY decline in net profit to Rs 1,433 crore and an operating revenue of Rs 8,905 crore, up 11.7% YoY, for Q4 FY23. EBITDA […] Written by Ben Benny April 25, 2023April 25, 2023
Market News Top 10 News Titan’s Net Profit Falls 4% in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Titan Q3 Results: Net profit falls 4% YoY to ₹951 crore Titan Ltd reported a 4% YoY decline in net profit to ₹951 crore for the quarter ended December (Q3 FY23). Its revenue from operations rose 11% YoY to ₹10,444 crore during […] Written by Cherian Varghese February 2, 2023February 2, 2023
Market News Top 10 News ICICI Bank, Axis Bank to Acquire Stake in IOCL’s JV – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ICICI Bank, Axis Bank to acquire stake in IOCL’s JV ICICI Bank, Axis Bank, and SBI Life Insurance will acquire a 10% stake each in a proposed joint venture (JV) of Indian Oil Corporation Ltd (IOCL) and Chennai Petroleum. The target entity […] Written by Cherian Varghese November 24, 2022November 24, 2022
Market News Top 10 News Asian Paints Posts 31% YoY Rise in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Asian Paints Q2 Results: Net profit rises 31% YoY to ₹783 crore Asian Paints Ltd reported a 31.3% YoY increase in consolidated net profit to ₹782.71 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 19% YoY to […] Written by Cherian Varghese October 20, 2022October 20, 2022
Market News Top 10 News RBI Hikes Key Lending Rate to 4.4% – Top Indian Market News RBI hikes key lending rate to 4.4% The Reserve Bank of India (RBI) has raised its key lending rate (repo rate) by 40 basis points (bps) to 4.40% with immediate effect. RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geopolitical tensions, and high crude oil prices, which have impacted […] Written by marketfeed Team May 4, 2022May 4, 2022
Market News Top 10 News Axis Bank Acquires Citi India’s Retail Assets for $1.6B – Top Indian Market News Axis Bank acquires Citi India’s retail assets for $1.6 billion Axis Bank has acquired Citi India’s retail assets, valuing the business at nearly $2 billion (~Rs 15,164 crore). The private sector bank will pay a cash consideration of $1.6 billion to Citi for the acquisition of the consumer business. The transaction comprises the sale of […] Written by marketfeed Team March 30, 2022April 21, 2022
Market News Top 10 News UPL Approves Rs 1,100 crore Share Buyback Plan – Top Indian Market News UPL approves Rs 1,100 crore share buyback plan The Board of Directors of UPL Limited has approved a proposal to buy back equity shares worth Rs 1,100 crore. The company will buy back 1.26 crore equity shares (or 1.65% of the total paid-up capital) at Rs 875 per share through the open market. The maximum […] Written by marketfeed Team March 2, 2022April 21, 2022
Market News Top 10 News RIL Reports 43% YoY Rise in Net Profit in Q2 – Top Indian Market News Reliance Industries Q2 Results: Net profit rises 43% YoY to Rs 13,680 crore Reliance Industries Ltd (RIL) reported a 43% YoY increase in net profit to Rs 13,680 crore for the quarter ended September (Q2 FY22). Net profit increased by 11% compared to the previous quarter. Its revenue from operations rose 49% YoY (or 21% […] Written by marketfeed Team October 22, 2021April 21, 2022
