Stock Market News Updates

The Interim Budget 2024 has brought forth significant policy shifts and financial strategies, shaping India's economic landscape for the coming years. Let's delve into the key highlights that define this...

IMF has raised India’s 2024-25 GDP growth forecast by 20 bps to 6.5%. IMF has pegged the growth for FY24 at 6.7%. For FY26, IMF has raised its India forecast...

The stock of Reliance Industries surged more than 7% on Monday to touch a life-time high. The market cap of Reliance stands at over Rs19.50 trillion (approximately $235 billion). The...

Adani Green Energy raised Rs2,338 crore by issue of warrants to Ardour Investments on private placement basis. The allocation of warrants will be based on a preferential basis. A total...

India’s market cap at $4.33 trillion just crossed that of Hong Kong at $4.29 trillion. The last few months have seen sharp outflows from China and heavy inflows into India....

It was always expected to happen and finally Sony has officially called off its deal with Zee Entertainment. It has also slapped a termination fee of $90 million on Zee...

Flows into NRI deposits doubled to $7.3 billion in the April to November period of FY24. As of the close of November 2023, the NRE (non-resident external) deposits stood at...

Electric vehicle (EV) sales in India for the year 2023 surged by 49.25% yoy to 15,29,947 units. This was as per the data released by the Federation of Automobile Dealers...

It looks like the dream merger is finally about to be called off. Sony Group is planning to call off its merger with Zee Entertainment due to the steep differences...

Foreign Portfolio Investors (FPIs) infused a sum of Rs4,773 crore into equities in the first week of January 2024. On a weekly basis, this is sharply lower than the average...

Inaugurating the tur dal procurement portal, Amit Shah affirmed that India will be self-sufficient in pulses in the next 3 years. The new portal empowers the farmers to directly sell...

For the quarter ended December 2023, the sugar production was 7.7% lower yoy at 112 lakh tonnes. The sugar companies typically follow the sugar cycle year extending from October to...

A veteran banker, Ashok Vaswani, assumed charge as the CEO and MD of Kotak Mahindra Bank. He replaced Dipak Gupta as interim CEO. This shift was necessitated after Uday Kotak...

Japanese private equity giant SoftBank has sold shares worth $310 million to FirstCry, the omnichannel retailer of infant products. The company is likely to file DRHP for an IPO later...

The latest RBI Bulletin may have downsized GDP growth for FY25 by 50 bps to 6.0%, but it also cut inflation estimates to 4.6% in the first three quarters of...