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 RBI Hikes Repo Rate by 25 bps to 6.5% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI hikes repo rate by 25 bps to 6.5% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) increased the repo rate by 25 basis points (bps) to 6.5%. The MPC has raised the key rate by 250 bps […] Written by Cherian Varghese February 8, 2023February 9, 2023
Market News Top 10 News Coal India’s Net Profit Jumps 106% YoY to ₹6,044Cr in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Coal India Q2 Results: Net profit jumps 106% YoY to ₹6,044 crore Coal India Ltd (CIL) reported a 106% year-on-year (YoY) jump in consolidated net profit to ₹6,043.55 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 28% […] Written by Cherian Varghese November 7, 2022November 7, 2022
Market News Top 10 News World Bank Cuts India’s GDP Growth Forecast for FY23 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: World Bank cuts India’s GDP growth forecast to 6.5% for FY23 The World Bank cut its FY 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 6.5% from an earlier estimate of 7.5%. It has warned that spillovers from […] Written by Cherian Varghese October 6, 2022October 6, 2022
Market News Top 10 News CCI Clears Axis Bank-Citi Deal – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: CCI clears Axis Bank-Citi deal The Competition Commission of India (CCI) has approved Axis Bank’s proposed acquisition of Citi’s consumer business in India. Under the Rs 12,325 crore deal, the bank would take over Citi’s credit card, personal loans, and wealth management […] Written by Cherian Varghese July 26, 2022July 26, 2022
Market News Top 10 News RBI Raises Repo Rate to 4.9% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI raises repo rate to 4.9% The Reserve Bank of India (RBI) has raised its key repo rate by 50 basis points (bps) to 4.90% to curb the rising inflation in our country. It is the second hike by the RBI in […] Written by Cherian Varghese June 8, 2022June 8, 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 IMF Retains India’s Growth Forecast for 2021 at 9.5% – Top Indian Market News IMF retains India’s growth forecast for 2021 at 9.5% The International Monetary Fund (IMF) has retained India’s gross domestic product (GDP) growth forecasts at 9.5% in 2021 and 8.5% for 2022. However, IMF has lowered its projection for global growth this year as supply disruptions impacted growth outlook for advanced economies, and pandemic dynamics have […] Written by marketfeed Team October 12, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ZyCoV-D Gets Emergency Use Approval in India – Top Indian Market News Zydus Cadila’s ZyCoV-D gets emergency use authorisation in India The Subject Expert Committee (SEC) of Central Drugs Standard Control Organisation (CDSCO) has recommended the Emergency Use Authorization (EUA) for Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, in India. The three-dose vaccine is applied using a needle-free system known as Tropis, which can also lead to a significant […] Written by marketfeed Team August 20, 2021April 21, 2022
Market News Top 10 News Tata Motors Reports Net Loss of Rs 7,605 crore in Q4 – Top Indian Market News Tata Motors Q4 Results: Net loss at Rs 7,605 crore Tata Motors reported a consolidated net loss of Rs 7,605.4 crore for the quarter ended March (Q4 FY21). It had posted a net loss of Rs 9,894.3 crore in the corresponding quarter last year (Q4 FY20) and a net profit of Rs 2,906.45 crore in […] Written by marketfeed Team May 18, 2021April 21, 2022
