Daily Market Feed Post Market Analysis Recovery Seen in Nifty and Bank Nifty! – Post-Market Analysis NIFTY started the day flat at 19,053. Right after opening, the index came crashing down till Friday’s low— a fall of nearly 145 points. After taking support at 18,940, the index bounced back/moved up with strength to 19,160 levels. It recovered nearly 220 points from the day’s low. Nifty closed at 19,140, up by 93 […] Written by Cherian Varghese October 30, 2023October 31, 2023
Daily Market Feed Post Market Analysis Markets Take a Pause! Nifty Hits Fresh All-Time High – Post-Market Analysis NIFTY started the day at 20,127 with a gap-up of 57 points. The index moved up 40 points to 20,170 levels— creating a fresh all-time high! After making a double top, Nifty fell to 20,050 levels and consolidated within a 50-point range between 20,050 and 20,100 levels for the most part of the day. Nifty […] Written by Cherian Varghese September 14, 2023September 14, 2023
Daily Market Feed Post Market Analysis Panic Selling in the Markets. Pharma Stocks Surge! – Post-Market Analysis NIFTY started the day at 19,463 with a gap-down of 62 points. Initially, the index tried moving up, but the earlier support of 19,500 now turned into resistance. After forming a double top near the 19,500 zone, the index crashed without a retracement till 19,300 and then gave a sharp recovery of 100 points like […] Written by Cherian Varghese August 3, 2023August 3, 2023
Market News Top 10 News Maruti Suzuki Posts 2.5x Jump in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Maruti Suzuki Q1 Results: Net profit jumps 2.5x to ₹2,485 crore Maruti Suzuki India reported a 2.5x YoY jump in consolidated net profit to ₹2,485 crore for the quarter ended June (Q1 FY24). Its revenue from operations rose 22% YoY to ₹32,327 […] Written by Cherian Varghese July 31, 2023July 31, 2023
Market News Top 10 News Coal India’s Profit Falls 18% YoY to Rs 5,528Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Coal India Q4 Results: Net profit falls 18% YoY to Rs 5,528 crore Coal India reported an 18% YoY decline in net profit to Rs 5,528 crore for Q4 FY23. Its operating revenue rose 17% YoY to Rs 38,152 crore during the […] Written by Ben Benny May 8, 2023May 8, 2023
Market News Top 10 News Adani Enterprises FPO Fully Subscribed on Final Day – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Enterprises FPO fully subscribed on final day The follow-on public offering (FPO) of Adani Enterprises Ltd secured bids for 50.85 million shares against an offer size of 45.5 million shares (representing a 1.12 times subscription) on the final day of bidding. […] Written by Cherian Varghese January 31, 2023January 31, 2023
Market News Top 10 News NTPC Group Crosses 3 GW Operational Renewable Energy Capacity – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: NTPC Group crosses 3 GW operational renewable energy capacity NTPC Group (including joint ventures and subsidiaries) has crossed 3 gigawatts (GW) of operational renewable energy (RE) capacity. The group achieved this milestone with the commissioning of Phase 1 of the 300 megawatts […] Written by Cherian Varghese December 20, 2022December 20, 2022
Market News Top 10 News Reliance Industries Posts Q2 Results – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RIL Q2 Results: Net profit flat at ₹13,656 crore Reliance Industries Ltd (RIL) reported a 0.17% YoY (or 24% QoQ) decline in consolidated net profit to ₹13,656 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 33.7% […] Written by Cherian Varghese October 21, 2022October 21, 2022
Market News Top 10 News Adani Acquires Holcim’s Stake in Ambuja Cement, ACC – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Adani completes acquisition of Holcim’s stake in Ambuja Cement, ACC The Adani Group has completed the acquisition of Ambuja Cements and its subsidiary ACC Ltd from Switzerland-based Holcim Group for $6.4 billion (~₹51,030 crore). This transaction comprises Holcim’s entire 63.11% stake […] Written by Cherian Varghese September 16, 2022September 16, 2022
Market News Top 10 News Bharti Airtel Pays Rs 8,312 crore for 5G Spectrum – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel pays Rs 8,312.4 crore to DoT for 5G spectrum Bharati Airtel Ltd has paid Rs 8,312.4 crore to the Department of Telecommunications (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With this payment, the telco has […] Written by Cherian Varghese August 17, 2022August 17, 2022
Market News Top 10 News Manufacturing PMI Hits 8-Month High in July – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Manufacturing PMI hits 8-month high in July India’s manufacturing sector activity hit the highest level in eight months in July 2022, driven by significant growth in business orders. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 56.4 in July, […] Written by Cherian Varghese August 1, 2022August 1, 2022
Market News Top 10 News Bharti Airtel Opts to Defer AGR Dues by 4 Years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel opts to defer Rs 3,000 crore AGR dues for FY18, FY19 by 4 years Bharti Airtel Ltd has opted for the four-year moratorium on adjusted gross revenue (AGR) dues for FY18 and FY19, amounting to ~Rs 3,000 crore. The company […] Written by Cherian Varghese June 30, 2022June 30, 2022
