Market News Top 10 News HDFC Bank’s Q3 Net Profit Rises 18% YoY – Top Indian Market News HDFC Bank Q3 Results: Net profit rises 18% YoY to Rs 8,758 crore HDFC Bank Ltd reported an 18.1% YoY increase in net profit to Rs 8,758.3 crore for the quarter ended December (Q3). It had posted a net profit of Rs 7,416.48 crore in the corresponding period a year ago. The bank’s net interest […] Written by Cherian Varghese January 16, 2021January 16, 2021
Market News Top 10 News HCL Tech’s Q3 Net Profit Rises 31% YoY – Top Indian Market News HCL Tech Q3 Results: Net profit rises 31% YoY to Rs 3,982 crore HCL Technologies Ltd reported a 31.1% year-on-year (YoY) increase in net profit to Rs 3,982 crore for the quarter ended December (Q3). The IT firm had posted a net profit of Rs 3,037 crore in the same quarter in FY20. Its revenue […] Written by Cherian Varghese January 15, 2021January 15, 2021
Market News Top 10 News Top Global News $2 Trillion to Move Out of London on Brexit – Top 10 Global News 1. Stocks, Yields Fall as Reflation Trade Sputters European stocks followed Asian shares and U.S. futures lower on Friday as President-elect Joe Biden’s much-anticipated $1.9 trillion Covid-19 relief plan came under scrutiny. The dollar pushed higher and Treasury yields dropped. Energy firms and miners led declines in the Stoxx 600 Index. Optimism about the U.S. […] Written by Jaseel Muhammed January 15, 2021January 15, 2021
Market News Top 10 News India’s WPI Inflation Eases to 1.22% in December – Top Indian Market News India’s WPI inflation eases to 1.22% in December Wholesale inflation in India fell to the lowest level in four months, mainly due to a decline in the prices of food articles. Inflation based on the Wholesale Price Index (WPI) fell to 1.22% in December from 1.55% in November. The WPI was at 2.76% in December […] Written by Cherian Varghese January 14, 2021January 14, 2021
Market News Top 10 News Top Global News US Jobless Claims Highest since March’20 – Top 10 Global News 1. Treasury Yields Rise on Aid Report; Stocks Advance Treasury yields rose with stocks on Thursday after a report suggested President-elect Joe Biden plans Covid-19 relief of about $2 trillion. Biden is expected to announce his economic support plans later in the day. Futures on the small-cap Russell 2000 Index jumped, while contracts on the […] Written by Jaseel Muhammed January 14, 2021January 14, 2021
Market News Top 10 News Top Global News Bitcoin Sees Worst Week since March’20 – Top 10 Global News 1. U.S. Stock Futures Fluctuate While Dollar Climbs U.S. equity futures fluctuated and the dollar strengthened as investors focused on comments from the Federal Reserve and European Central Bank about the outlook for monetary stimulus. In Europe, the ECB will keep an easy stance for as long as needed, and U.S. investors took comfort from […] Written by Jaseel Muhammed January 13, 2021January 13, 2021
Market News Top 10 News Infosys Reports 16% YoY Rise In Net Profit – Top Indian Market News Infosys Q3 Results: Net profit jumps 16.6% YoY to Rs 5,197 crore Infosys Ltd reported a 16.6% year-on-year (YoY) increase in consolidated net profit at Rs 5,197 crore for the quarter ended December (Q3). The IT major had posted a net profit of Rs 4,457 crore in the same period last year. The company’s revenue […] Written by Cherian Varghese January 13, 2021January 14, 2021
Market News Top 10 News Top Global News UK Businesses Face Aftermath of Brexit – Top 10 Global News 1. Stocks Decline; Treasury Yields Extend Climb U.S. stocks fell and benchmark Treasury 10-year bond yields rose to a 10-month high as investors mulled the prospects of the economic recovery and vaccine rollout. The S&P 500 edged lower for a second day, with the utilities and communication services sectors leading the declines. Europe’s Stoxx 600 […] Written by Jaseel Muhammed January 12, 2021January 12, 2021
Market News Top 10 News Tata Elxsi Reports 39% YoY Rise in Net Profit – Top Indian Market News Tata Elxsi Q3 Results: Net profit rises 39% YoY to Rs 105 crore Tata Elxsi Ltd reported a 39.49% year-on-year (YoY) increase in net profit to Rs 105.2 crore, for the quarter ended December (Q3). This is the highest-ever quarterly profit achieved by the IT company. The firm’s revenue showed a growth of 12.67% YoY […] Written by Cherian Varghese January 12, 2021January 12, 2021
Market News Top 10 News SII Gets Purchase Order from Govt for Covishield – Top Indian Market News Serum Institute receives purchase order from govt for 1.1 crore vaccine doses: Report As per reports from news agencies PTI & ANI, the Serum Institute of India (SII) has signed a purchase order with the Central Government to procure 1.1 crore doses of Covid-19 vaccines. SII is manufacturing Oxford-AstraZeneca’s Covid-19 vaccine Covishield in India. As […] Written by Cherian Varghese January 11, 2021January 11, 2021
Market News Top 10 News Top Global News Trump Impeachment Likely After Capitol Riots – Top 10 Global News 1. Dollar Rises as Stocks, U.S. Futures Retreat After a buying frenzy swept across global markets last week, investors are starting Monday in a cautious mood. The dollar climbed against all its major peers, with demand supported by elevated US bond yields. European stocks pulled back from a 10-month high and S&P 500 futures dipped. […] Written by Jaseel Muhammed January 11, 2021January 11, 2021
Market News Top 10 News India to Start Covid-19 Vaccination Drive from Jan 16 – Top Indian Market News India to start Covid-19 vaccination drive from January 16 The Central Government announced that the nationwide Covid-19 vaccination drive will be launched on January 16. Priority will be given to nearly three crore healthcare and frontline workers. The decision was taken after Prime Minister Narendra Modi reviewed the status of India’s Covid-19 situation and vaccine […] Written by Cherian Varghese January 9, 2021January 9, 2021
Auto Ancillaries Industry in India: An Analysis Auto parts/components manufacturers are an essential industry that supports the prominent automobile firms in our country. These companies have posted a significant increase in their revenue growth over the past years, and always seem to complement the performance of auto stocks. In this article, find a detailed analysis of major auto parts manufacturers in India. Written by Cherian Varghese January 11, 2021January 11, 2021
What is the Indian Energy Exchange(IEX)? How Does it Work? What is IEX? The Indian Energy Exchange or IEX is an electronic power trading marketplace for electricity corporations and boards to trade contracts related to energy. In simple terms, just like how individuals can trade in the stock market to gain profit, electricity corporations can trade on the IEX to increase profitability and have better […] Written by Maarg Vaidya January 8, 2021January 12, 2021
Tech Mahindra: A Stock for the Future? Mahindra & Mahindra is one of the biggest groups in India. The IT arm of the group, Tech Mahindra is the 5th biggest IT company in India. It is one of the major sources from where the Mahindra group generate their revenue. marketfeed did an editorial on the future plans of Mahindra & Mahindra. You can […] Written by Sanidhya Bhardwaj January 7, 2021January 7, 2021
