Market News Top 10 News ITC Reports 30% YoY Rise in Net Profit in Q1 – Top Indian Market News ITC Q1 Results: Net profit rises 30% YoY to Rs 3,343 crore ITC Limited reported a 30.24% YoY increase in consolidated net profit to Rs 3,343.44 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 12.4% when compared to the previous quarter. Its revenue from operations rose 36% YoY to Rs […] Written by Cherian Varghese July 24, 2021July 24, 2021
Market News Top 10 News RIL Reports 7% Fall in Net Profit in Q1 – Top Indian Market News Reliance Industries Q1 Results: Net profit falls 7% YoY to Rs 12,273 crore Reliance Industries Ltd (RIL) reported a 7.3% YoY decline in consolidated net profit to Rs 12,273 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 7% when compared to the previous quarter. Its revenue from operations rose 58.2% […] Written by Cherian Varghese July 23, 2021July 24, 2021
Market News Top 10 News Top Global News Chip Shortages To Continue In 2022 – Top International News 1. U.S. Markets Rally Boosted by Quarterly Profits U.S. markets are set to close at the week’s high after a dramatic fall on Monday and last Friday. Major indices are heading towards fresh all-time highs with corporate profits for the last quarter beating all estimates. Data from Bloomberg shows that 87% of S&P 500 companies […] Written by marketfeed Team July 23, 2021July 23, 2021
Market News Top 10 News Top Global News U.S. Weekly Jobless Claims Rises – Top International News U.S. Markets Continue to Move Up; Earnings in Focus Momentum slowed once again in the market, after two days of a reversal rally. S&P 500 and other indices are mildly in the red after the government published worse than expected jobless claims data. Companies linked to a broader re-opening of the economy lagged behind big […] Written by marketfeed Team July 22, 2021July 22, 2021
Market News Top 10 News Cabinet Approves Rs 6,322 crore PLI Scheme for Specialty Steel – Top Indian Market News Cabinet approves Rs 6,322 crore PLI scheme for specialty steel The Union Cabinet has approved a Production Linked Incentive (PLI) scheme for specialty steel. Incentives worth Rs 6,322 crore will be provided to eligible manufacturers over five years. The scheme is expected to bring in investments of approximately Rs 40,000 crore and capacity addition of […] Written by Cherian Varghese July 22, 2021July 22, 2021
Market News Top 10 News Top Global News Anthem Warns About Upcoming Rise In Covid-19 Cost – Top International News 1. U.S. Markets Continue to Move Up; Earnings in Focus Stocks moved back up for the second day as corporate earnings took focus away from concerns about the economic impact of Covid-19. Bonds fell. Markets had fallen on Monday and Tuesday with a sell-off from institutional investors. The S & P 500 is on its […] Written by marketfeed Team July 21, 2021July 21, 2021
Market News Top 10 News Bajaj Finserv Reports 31% YoY Fall in Net Profit in Q1 – Top Indian Market News Bajaj Finserv Q1 Results: Net profit falls 31% YoY to Rs 833 crore Bajaj Finserv Ltd reported a 31.5% YoY decline in consolidated net profit to Rs 832.7 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 14.9% when compared to the previous quarter. Its revenue from operations fell 1.7% YoY […] Written by Cherian Varghese July 21, 2021July 21, 2021
Market News Top 10 News Top Global News Jeff Bezos Returns After Historic Space Flight – Top International News 1. U.S. Markets Rebound; Financial Stocks Move Up Buyers kicked in the dip with last week’s worst-performing stocks now moving back up. S&P 500 found support near its 50-day moving average. Industrial, financial and small-cap firms are leading the rally. Tech shares underperformed as they had not fallen anyway. We will have to watch if […] Written by marketfeed Team July 20, 2021July 20, 2021
Market News Top 10 News Asian Paints Reports 161% YoY Jump in Net Profit in Q1 – Top Indian Market News Asian Paints Q1 Results: Net profit jumps 161% YoY to Rs 574 crore Asian Paints Ltd reported a 161.5% year-on-year (YoY) jump in consolidated net profit to Rs 574.3 crore for the quarter ended March (Q1 FY22). Its revenue from operations rose 91.1% YoY to Rs 5,585.4 crore during the same period. Revenue from its […] Written by Cherian Varghese July 20, 2021July 20, 2021
Market News Top 10 News Top Global News WallStreet Analysts Fear Economy has Peaked – Top International News 1. Global markets in red Stocks across global markets fell and bonds moved up as concerns of Covid-19 once again took hold of the market. All major sectors in the U.S. market moved down led by financial and industrial companies. Airline and travel stocks also fell with the expectation of more restrictions around the country. […] Written by marketfeed Team July 19, 2021July 19, 2021
Market News Top 10 News HCL Tech Reports 9% YoY Rise in Net Profit in Q1 – Top Indian Market News HCL Tech Q1 Results: Net profit rises 9% YoY to Rs 3,213 crore HCL Technologies Ltd reported a 9.4% year-on-year (YoY) increase in consolidated net profit to Rs 3,213 crore for the quarter ended June (Q1 FY22). Its revenue from operations rose 12.5% YoY to Rs 20,068 crore during the same period. The total contract […] Written by Cherian Varghese July 19, 2021July 19, 2021
Market News Top 10 News HDFC Bank Reports 16% YoY Rise in Net Profit in Q1 – Top Indian Market News HDFC Bank Q1 Results: Net profit rises 16% YoY to Rs 7,730 crore HDFC Bank reported a 16.1% year-on-year (YoY) increase in standalone net profit to Rs 7,729.60 crore for the quarter ended June (Q1 FY22). Net interest income (NII) rose 8% YoY to Rs 17,009 crore during the same period. [NII is the difference […] Written by Cherian Varghese July 17, 2021July 17, 2021
The Most In-Depth Zomato IPO Review: All You Need to Know What an exciting week in the Indian stock market! Zomato’s IPO is finally here! What started as Foodiebay in 2008 by two IIT graduates has grown multifold and expanded to 24 countries. They have pushed boundaries and revolutionised the Indian food-tech industry. An Indian startup launching an IPO is a truly commendable feat. There has […] Written by Cherian Varghese July 14, 2021July 14, 2021
An Explainer on Commodities Trading and India’s MCX Our country is truly blessed with an abundance of natural resources. We have some of the largest reserves of metals in the world. A majority of our population is engaged in agricultural activities, and essential pulses and grains are grown in plenty. Such resources or commodities drive industries and provide a source of livelihood to […] Written by Cherian Varghese July 13, 2021July 14, 2021
Explained: OPEC+ Crisis, UAE-Saudi Clash Over Oil While India’s petrol and diesel prices have crossed Rs 100/liter in most states, the top oil-producing nations are in the middle of a price war. The war is between OPEC+, UAE, and Saudi Arabia. In case you do not know what OPEC is we highly recommend you go through this piece on marketfeed on What […] Written by Maarg Vaidya July 12, 2021July 12, 2021
