Stock Market News Updates

RBI held repo rates at 4% and also maintained the accommodative stance of monetary policy. While the RBI did warn about inflation risks, the full year inflation estimate for FY22...

The Adani group became the third group in India to cross $100 billion market cap after the Tata group and Reliance. Of course, we are excluding HDFC group since it...

It was a sort of Black Monday as market cap of Rs.216,000 crore evaporated with the Sensex losing 871 points in a single day. The Sensex was down nearly 1300...

Analysts are expecting that due to the sudden surge in COVID-19 cases, the Monetary Policy Committee of the RBI would most likely hold repo rates at 4% and reverse repo...

It was a rally to new highs for the US markets as the S&P 500 crossed the 4,000 mark for the first time on 01 April. IT stocks led the...

In a move that was widely anticipated, the government slashed rates on small savings instruments for the Q1-FY22. For example, the rates on the popular PPF was brought down from...

On Tuesday, Sensex and Nifty gained over 2% supported by IT, pharma and metal stocks. While the Sensex gained 1128 points and settled above 50,000, the Nifty also gained 338...

Last year, zero-coupon bonds or deep discount bonds was a favourite instrument of the Indian government to recapitalize the banks, as it did not create immediate liability. However, after the...

JSW Steel has set its eyes on Neelachal Ispat after having completed the acquisition of Bhushan Power and Steel. Neelachal Ispat is a PSU with MMTC and NMDC holding stakes....

Supreme Court will pronounce its judgement on Tata Sons / Cyrus Mistry case on 26 March. Tatas had appealed against the NCLAT order which had ordered restoration of Cyrus Mistry...

It was coming for some and India finally put a temporary hold on all exports of Covishield, the AstraZeneca COVID vaccine manufactured by Serum Institute of India. The idea is...

After setting an initial threshold of Rs.2.50 lakhs for tax-free PF interest, the government has upped the limit to Rs.5 lakhs. However, this would only be applicable to those cases...

With most auto companies facing a sharp spike in input costs, Maruti Suzuki will increase prices of vehicles in April 2021. In the last 1 year, Maruti has been negatively...

Rolex Rings, a manufacturer of auto components, has filed preliminary papers with SEBI for the proposed launch of its IPO. The Rolex Rings IPO will consist of a fresh issue...

In a victory for Amazon, the Delhi High Court ruled that Future Retail and its promoters wilfully violated the order of the Singapore based arbitrator, SIAC. The order has restrained...