Stock Market News Updates

The interest in Indian Fintech plays continues with the Abu Dhabi Investment Authority picking up a minority stake in MobiKwik for $20 million or nearly Rs.150 crore. This assigns a...

At its 44th AGM, Reliance Industries announced Rs.75,000 crore outlay to green energy. It inducted Yasir Al-Rumayyan into the board of RIL and affirmed that the stake sale in Reliance...

Bharat Electronics on Wednesday scaled a 3-year high price of Rs.167 after a reporting a strong set of results. For the Mar-21 quarter, BEL reported 30.7% growth in PAT at...

Federal Chairman, Jerome Powell, in his post policy testimony virtually reaffirmed the Fed's intent to encourage broad and inclusive recovery in the job market. In other words, Powell was emphasizing...

IIFL Home Finance proposes to raise a sum of Rs.5,000 crore to give a leg up to its lending business. The fund raising will be done through the issue of...

In an asset attachment threat to the Indian government-owned companies issued by Cairn Energy PLC, Air India has time till mid-July to challenge the lawsuit. Based on an arbitral award,...

The first estimates of June quarter GDP are out and UBS expects GDP to contract by -12% in the Jun-21 quarter. This will be a stark contrast to the positive...

This is likely to a very crucial meeting of the Fed as the US central bank is likely to flag off the start of talks about when and how to...

Rating agency, Fitch, placed negative outlook on Adani Ports and reiterated its “BBB1” ratings. The stock was down 1% on Tuesday but that can also be attributed to the recent...

Inflation came in aggressively higher than most estimates and nearly 200 basis points  higher than the April number at 6.3%. Even WPI inflation came in sharply higher at 12.94%, largely...

It was a mixed week for the highly liquid stocks on the Nifty. In fact, 5 out of the 10 most valuable stocks by market cap added Rs.101,389 crore in...

As committed in Jun-21 monetary policy, RBI will conduct the third tranche of its open market purchase of G-Sec and state development loans under G-SAP on 17-Jun. G-SAP is short...

Equity funds saw net inflows of Rs.10,083 crore in the month of May-21 as per AMFI data. In the last one year, large cap funds delivered 54%, mid-cap funds 78%...

The World Bank slashed India's GDP forecast for FY22 to 8.3%, a full 80 bps lower than the RBI estimate. It expects the output to be badly hampered by the...

In a significant order, SEBI banned Vivek Kudva of Franklin Templeton and Roopa Kudva, from accessing capital markets for 1 year for redeeming FT units just before the debt funds...