Stock Market News Updates

LIC is likely to offer discount of around 5% to its policyholders when it files its DRHP later this week. Tuhin Kant Pandey indicated that LIC may file its DRHP...

The meeting of the Monetary Policy Committee has been put off by a day on account of the state holiday declared in Maharashtra following the demise of Bharat Ratna Lata...

Days ahead of filing DRHP for its IPO, LIC has tied up with digital insurance aggregator Policybazaar.com to widen the digital reach of its products. The collaboration is to offer...

It is now almost confirmed that government will file the DRHP for LIC IPO next week. Based on the timid disinvestment targets for 2021-22, it looks like government may hive...

Union Budget 2022 pegged the GDP growth for FY22 at 9.2% and the fiscal deficit slightly higher at than the budget estimates at 6.9%. However, the budget estimate for the...

Nine of the ten most valuable companies on the Nifty lost nearly Rs.3.09 trillion in the previous week, despite just 4 days of trading. Sensex lost 3.11% during the week....

US GDP growth for the fourth quarter ended Dec-21 accelerated to 6.9% annualized resulting in full year GDP growth of 5.7% for 2021. This is the best fourth quarter performance...

One of India’s leading Edtech Unicorns, Upgrad, is set to become profitable in fiscal 2022-23. As per an interview given by managing director, Mayank Kumar, the company is contemplating to...

The 5-day crash in markets has wiped out nearly Rs.19.50 trillion of investor wealth or about $260 billion. The Sensex has now lost close to 4,000 points in the last...

Fabindia will raise up to Rs.4,000 crore via IPO, which will include gifting of 7.75 lakh shares by promoters to farmers and artisans. As per the DRHP, the fresh issue...

Global investing house Morgan Stanley increased overweight stance on financials. Morgan is betting on rising short rates, higher credit growth and peaking credit costs. Financials have underperformed this bull rally....

Reliance Jio has paid Rs.30,791 crore, as prepayment of its entire deferred liabilities for spectrum acquired in auctions before March 2021. This also includes the accrued interest and includes spectrum...

The high profile supply chain company, Delhivery, has got SEBI approval to go ahead with its proposed IPO worth Rs.7,460 crore. The IPO will comprise of a fresh issuance of...

Tech Mahindra has just announced the acquisition of a 100% stake in CTC for EUR 330 million. That is roughly equivalent to Rs.2,800 crore at the current exchange rates between...

Among the most valuable companies on the Nifty, 8 out of 10 top listers added market cap to the tune of Rs.234,162 crore last week. Most of the heavyweights were...