Stock Market News Updates

Foreign investors have now upgraded India as a dedicated portfolio allocation. Previously, only China was a dedicated country allocation and the rest were clubbed under the category of Emerging Markets....

GST collections for November 2022 stood slightly lower at Rs1.45 trillion compared to Rs1.52 trillion in October 2022. However, GST revenues were still up 11% on yoy basis. This could...

India Q2FY23 GDP growth came in at 6.3%, lower than Q1, but better than street estimates. It had grown by 13.5% in Q1, but that was on a much lower...

In a late night development, the new board of NDTV approved the resignation of Prannoy Roy and Radhika Roy from the board of directors of RRPR Holdings, the company that...

For the fiscal year FY23 till date, the Indian government has received total dividends from PSUs to the tune of Rs23,797 crore, including dividends of Rs5,001 crore from ONGC. In...

During the week ended 25th November, a total of 9 out the 10 most valuable companies on the NSE gained Rs79,798 crore in market cap. That is not surprising as...

The US Federal Reserve published the minutes of the 02nd November FOMC meeting late on 23rd November 2022. Two things emerged from the FOMC minutes. Firstly, the views of the...

The PSU bank index touched a new high on Tuesday and has since surged by 73% from, is yearly lows. This is largely on the back of strong earnings in...

Oil prices slipped sharply to around $87.11/bbl in the Brent Crude market. while supply fears receded, there were also concerns over demand from China amidst tighter COVID restrictions and dollar...

The deal is almost final and Reliance Industries is all set to acquire Metro AG cash and carry business in India. The deal is estimated to be worth Rs4,060 crore....

RBI MPC special meeting concluded on Thursday without much fire or fervour as the RBI MPC got together to draft a response to the government on why they had failed...

RBI confirmed that it will not immediately release details of its special MPC meeting on 03rd November. The meeting had been called after RBI had failed to contain inflation. Not...

RBI did soft launch of its central bank digital currency (CBDC) for secondary market trades in government securities. A total of 48 trades worth Rs275 crore were executed without hitches....

The key macros for Indian economy are out and the fiscal deficit for H1FY23 ended September 2022 has come in at 37.3% of the full year target. In absolute terms,...

Three key events are likely to drive the stock market direction in the coming week viz; Fed meet, RBI MPC Additional meeting and the earnings season. Fed is estimated to...