Market News Top 10 News WPI Inflation Rises to Record-High of 15.88% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: WPI inflation rises to record-high of 15.88% in May Inflation based on the Wholesale Price Index (WPI) hit a record high of 15.88% in May 2022, compared to 15.08% in April. The surge is mainly driven by inflation in vegetable prices, which […] Written by Cherian Varghese June 14, 2022June 14, 2022
Market News Top 10 News WPI Inflation Surges to Record-High of 15.08% in April – Top Indian Market News WPI inflation spikes to record-high of 15.08% in April India’s inflation based on the Wholesale Price Index (WPI) surged to a record high of 15.08% in April 2022. WPI inflation stood at 14.55% in March and 10.74% in April 2021. The heatwave across India led to a spike in the prices of perishables such as […] Written by marketfeed Team May 17, 2022May 18, 2022
Editorial Adani Group to Become India’s Second Largest Cement Maker! The Adani Group has entered into definitive agreements to acquire a majority stake in Holcim AG’s cement businesses in India for a whopping $10.5 billion (~Rs 81,361 crore)! This buyout marks Adani’s entry into the cement industry and makes it the second-largest cement producer in India. In this article, we dive into the details of […] Written by Cherian Varghese May 17, 2022May 17, 2022
Market News Top 10 News Tata Power Secures Solar Project Worth Rs 1,731 crore – Top Indian Market News Tata Power secures solar project worth Rs 1,731 crore Tata Power Solar Systems (TPSS) has secured an order worth Rs 1,731 crore to build a 300 megawatt (MW) solar project for NHPC Ltd. The project, which will be developed in Rajasthan, is expected to generate ~750 million units (MUs) annually. It will be completed within […] Written by marketfeed Team May 16, 2022May 16, 2022
Market News Top 10 News Bajaj Finance Reports 80% YoY Rise in Q4 Net Profit – Top Indian Market News Bajaj Finance Q4 Results: Net profit rises 80% YoY to Rs 2,420 crore Bajaj Finance Ltd reported an 80% YoY (or 14% QoQ) increase in net profit to Rs 2,419.5 crore for the quarter ended March (Q4 FY22). Its net interest income (NII) rose 30% YoY to Rs 6,068 crore during the same period. The […] Written by marketfeed Team April 26, 2022April 26, 2022
Market News Top 10 News RBI Cuts FY23 GDP Forecast to 7.2% – Top Indian Market News RBI keeps policy rates unchanged; cuts FY23 GDP forecast to 7.2% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%. The reverse repo rate will also remain unchanged at 3.35%. The central bank will maintain its ‘accommodative’ stance to support growth and […] Written by marketfeed Team April 8, 2022April 21, 2022
Market News Top 10 News PVR to Merge With INOX – Top Indian Market News PVR to merge with INOX to form India’s largest entertainment company Multiplex chains PVR Ltd and INOX Leisure Ltd have decided to merge to form the largest entertainment company in India. On Sunday, the boards of the two companies approved the amalgamation and share exchange ratios. INOX shareholders will receive three shares in PVR for […] Written by marketfeed Team March 28, 2022April 21, 2022
Market News Top 10 News Adani Group Exploring Partnerships With Saudi Aramco – Top Indian Market News Adani Group explores partnerships with Saudi Aramco According to a Bloomberg report, Adani Group is exploring potential partnerships in Saudi Arabia, including the possibility of acquiring a stake in the world’s largest oil exporter. The group has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the […] Written by marketfeed Team March 18, 2022April 21, 2022
Market News Top 10 News Coal India’s Output Grows 4% in Feb – Top Indian Market News Coal India’s output grows 4% to 64 MT in February Coal India Ltd (CIL) produced 64.3 million tonnes (MT) of coal in February 2022, registering a growth of 4% YoY. On a month-on-month basis, CIL’s average production increased to 2.3 MT per day in Feb. The company’s production at 542.4 MT during the April-February period […] Written by marketfeed Team March 1, 2022April 21, 2022
Market News Top 10 News Hero MotoCorp, BPCL to Set Up EV Charging Infra – Top Indian Market News Hero MotoCorp partners with BPCL to set up EV charging infra across India Hero MotoCorp has partnered with Bharat Petroleum Corp Ltd (BPCL) to set up charging infrastructure for electric two-wheelers across India. The two entities will first establish a substantial charging infrastructure within the existing nationwide energy station network. They may broaden the collaboration […] Written by marketfeed Team February 22, 2022April 21, 2022
Editorial Adani vs Ambani: War to be the Wealthiest of Asia! On February 8, 2022, Gautam Adani, the chairman and founder of the Adani Group, surpassed Mukesh Ambani to be the Richest Indian and the Richest Asian according to Bloomberg Billionaires Index. A day later, on February 9, 2022, Mukesh Ambani gained his position back, where his valuation stood at $89.2 billion against Adani’s $86.3 billion. […] Written by marketfeed Team February 15, 2022April 21, 2022
Editorial Adani Wilmar Ltd IPO: All You Need to Know Another mainstream IPO has hit the Indian stock markets! Adani Wilmar Ltd, the company behind the popular “Fortune” brand of edible oils, has launched its IPO today. In this article, we take a close look into the company and learn more about its IPO. Company Profile – Adani Wilmar Ltd Adani Wilmar Ltd (AWL) is […] Written by marketfeed Team January 27, 2022April 21, 2022
Buy Now Pay Later: A Tough Rival for Credit Card Companies? What do you do when you want to purchase something outside your financial limit or face a sudden money crunch? Decades ago, people used to run to a nearby moneylender who charge high-interest rates. But things are much simpler now! Credit cards allow you to borrow money for almost a month at zero interest rates. […] Written by Anand P M June 6, 2022June 6, 2022
Zomato Q4 Results: How Has The Food and Delivery Platform Fared? Zomato got listed in July 2021. The food delivery platform’s share price has tanked by nearly ~42% since then. Amidst tough economic conditions, the company is trying to expand into the B2B segment with Hyperpure, growing breakneck, and keeping up with peers like Swiggy, Zepto, and Dunzo. Zomato had recently announced its Q4 results for […] Written by Maarg Vaidya May 31, 2022May 31, 2022
Major IT Stocks are Falling! Find Out Why! The stock markets have not been kind to investors over the past few months. Foreign institutional investors (FIIs) have pulled out nearly Rs 1.65 lakh crore so far from the Indian equity markets this year. Major IT stocks (mostly considered defensive stocks historically) have been under heavy selling pressure. The NIFTY IT Index has fallen […] Written by Cherian Varghese May 26, 2022May 26, 2022