Stock Market News Updates

GDP for Jun-21 quarter came in at 20.1%, largely along expected lines. However, this is more due to the low base as GDP had fallen -24.4% in Jun-20 quarter. However,...

Residential home sales across major cities in India was up 56% at 75 million SFT for the Jun-21 quarter. However, sales were sharply lower on sequential basis compared to 179...

For the week ended 27th August, a total of 8 out of the top-10 Nifty stocks by market cap gained Rs.190,032 crore in market value. Two of the biggest heavyweights;...

HDFC Bank has listed its 3.7% AT1 bonds at the IFSC in GIFT City, Gujarat. This is special for India as the AT1 bonds were dollar denominated and had raised...

The NSE has instructed all its members to discontinue sale of digital gold on their platforms by 10-Sep. SEBI had recently informed the exchanges that its members were selling digital...

REITs and INVITs will now be included in the Nifty index effective from 30-Sep. This is part of the new criteria as well as the changes in index composition announced...

On 23 August, the finance minister announced the National Monetisation Pipeline or NMP where key assets across roads, railways and power sector will be monetized without divesting or giving up...

Foreign portfolio investors infused Rs.7,245 crore into Indian markets in the first 3 weeks of August. A total of Rs.5,001 crore was invested in equities while Rs.2,244 crore in the...

India’s largest oil extractor, ONGC, is looking for partners to enhance production at its oil fields. This is in line with its goal of maximising recovery from its producing fields,...

The Sensex, on Wednesday 18 August, hit all-time high but later corrected and closed with losses in the second half of trading. The Sensex actually closed 163 points lower at...

The Indian government has asked a US federal court to dismiss Cairn Energy’s suit seeking enforcement of the $1.2 billion arbitral award. Cairn had asked the US Federal Court to...

WPI inflation also tapered in sync with retail inflation for July. In fact, WPI inflation fell by 91 bps from 12.07%  to 11.16% on a sequential basis. However, this was...

For the week ended 13 August, 8 out of the 10 most valuable companies on the Nifty added market value to the tune of Rs.160,400 crore. TCS and RIL contributed...

CPI inflation for Jul-21 fell to a 3-month low of 5.59%, sharply lower than the 6.26% recorded in the month of Jun-21. The big driver of lower inflation was food...

As the outlook for metals gets stronger, Vedanta plans to invest $20 billion across its businesses, including doubling of silver production and steel capacities. For now, Agarwal has only given...