Daily Market Feed Pre Market Report Crude Oil Spikes Again; Markets Down – Share Market Today News Shots Ruchi Soya raised Rs 1289.80 crore through anchor investors. 46 anchor investors were allotted 1.98 crore shares at issue price of Rs 650. Sun Pharmaceuticals settled with two plaintiff groups for amount of $485 million in Ranbaxy Generic Drug Application Antitrust Litigation ongoing in the U.S. District Court for the District of Massachusetts. […] Written by marketfeed Team March 24, 2022April 21, 2022
Market News Top 10 News MTAR Technologies IPO Subscribed 200.8 Times on Final Day of Bidding – Top Indian Market News MTAR Technologies IPO subscribed 200.8 times on final day of bidding The Rs 596.41-crore initial public offering (IPO) of MTAR Technologies was subscribed 200.79 times on the second day of bidding. The issue received bids for 145.79 crore equity shares against an offer size of 72.60 lakh shares. The portion reserved for retail investors was […] Written by marketfeed Team March 5, 2021April 21, 2022
Market News Top 10 News Nitin Gadkari Approves Proposal to Levy ‘Green Tax’ on Old Vehicles – Top Indian Market News Nitin Gadkari approves proposal to levy ‘Green Tax’ on old vehicles Union Minister for Road Transport and Highways Nitin Gadkari has approved a proposal to levy a ‘Green Tax’ on old vehicles that are polluting the environment. Transport vehicles older than eight years could be taxed at the rate of 10-25% of road tax. This […] Written by marketfeed Team January 25, 2021April 21, 2022
Editorial 5 Reasons Why Nifty is Rising! Nifty 50 hit a record high on November 9 as the index closed at 12,461.05, up by 1.61%. The next day, Nifty jumped again with spring and concluded at 12,631. There has been a remarkable rally in the past few days which has taken Nifty 50 to even cross its pre-covid highs. Today, as of […] Written by marketfeed Team November 11, 2020April 21, 2022
Editorial Editorial of the Day How Kotak Bank made a Profit Jump of 26.3% for Q2 FY21 Result Private sector lender Kotak Mahindra Bank Ltd, on Tuesday (26th October), came out with their results which defeated all the street estimates. They declared a 26.3% year-on-year (YoY) rise in standalone net profit for the September quarter 2021. Their Net Interest Income (NII) also gained 17% YoY for this quarter. These are spectacular numbers. The […] Written by marketfeed Team October 29, 2020April 21, 2022
Market News Top 10 News India to grow oil refining capacity to 450 MT by 2025 – Top Indian Market News India to grow oil refining capacity to 450 MT by 2025: PM Modi Prime Minister Narendra Modi, on Monday, announced that India will increase its oil refining capacity to 450 million tonnes by 2025. The refining capacity is currently at 250 million tonnes. He stated that India’s energy sector will be growth-centric, investor-friendly, and environmentally […] Written by marketfeed Team October 26, 2020April 21, 2022
Top 10 News ‘Interest on Interest’ for loans up to Rs 2 crore to be waived off – Top Market News ‘Interest on Interest’ for loans up to Rs 2 crore to be waived off The Finance Ministry has informed the Supreme Court that it has agreed to waive ‘interest on interest’ on loans of up to Rs 2 crore during the six-month moratorium period. Those who have already cleared their own dues between March and […] Written by marketfeed Team October 3, 2020April 21, 2022
Paytm Shares Are Up 32% From 52-Week Low. What Next? Shares of One97 Communications Ltd, the parent company of digital payments platform Paytm, have recovered ~32% from its 52-week low. Unfortunately, the stock is still down by Rs 1,280 or 65% compared to its IPO listing price of Rs 1,955! In today’s article, we analyze the recent developments surrounding Paytm and its financial performance. What […] Written by Cherian Varghese July 6, 2022July 7, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
