Stock Market News Updates

It was a day of the Big-3 IT companies announcing their results on 12th January with TCS and Infosys doing better than street estimates but Wipro putting out numbers below...

According to CRISIL estimates, OPMs of Indian companies would drop by 100-120 bps due to a sharp surge in commodity prices. While price hikes would help the top line, the...

Wall Street indices tumbled on Monday after most of the technology stocks came under pressure. The fear factor was after they expected rate hikes to kick in quicker and at...

For the week ended on 07ths January, 8 out of the top 10 most valuable Indian companies on the Nifty by market capitalization, added Rs.250,006 crore in value. The two...

In its latest classification of companies by market cap, the AMFI upgraded Policybazaar, Zomato, Nykaa and Paytm, apart from 9 other stocks to the large cap category. The others to...

In a setback to the Future group, the Delhi High Court refused to interfere in the decision making powers of the SIAC. Future had moved to terminate the arbitration proceedings...

As per preliminary estimates put out by the Ministry of Commerce, India's exports crossed $300 billion Apr-Dec 2021 with December seeing record exports of $37 billion. India has targeted exports...

The IPO rush is gathering steam with 23 companies revving up to raise Rs.44,000 crore via IPOs in the Mar-22 quarter. A major chunk of the funds will be raised...

The food subsidy bill for FY22 is expected to be less than Rs.400,000 crore compared to Rs.529,000 crore in FY21. Out of this nearly Rs.225,000 crore is by way of...

The last meeting of the GST Council for 2021 will be held on 31-December to debate rate rationalization. The meeting also proposes to discuss the correction in duty inversion in...

While the gross NPAs in FY21 fell to 7.3% from 8.2% a year earlier, RBI has still warned in its Report on Trends and Progress in Banking, that asset quality...

The impact of RBI appointing Yogesh Dayal to the board of RBL Bank was felt on Monday morning. The stock of RBL Bank slipped 20% and actually touched a 52-week...

Over the weekend, major question marks were raised over the health of RBL Bank after the CEO was asked to proceed on leave and RBI nominated Yogesh Dayal to the...

Indian Oil Corporation will invest Rs.9,028 crore to lay a new crude oil pipeline from Mundra in Gujarat to Panipat in Haryana. The pipeline will have a capacity of 17.5...

Bharat FIH, a subsidiary of Foxconn, filed DRHP with SEBI for its proposed Rs.5,004 crore IPO. It will comprise of a fresh issue of Rs.2,502 crore and an OFS of...