Market News Top 10 News Manufacturing PMI at 54.6 in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Manufacturing PMI expands in May despite high inflation rate India’s manufacturing activity expanded in May and sustained strong growth despite historically high inflation. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 54.6 in May 2022, compared to 54.7 in […] Written by Cherian Varghese June 1, 2022June 1, 2022
Market News Top 10 News GAIL to Invest ₹6,000 crore in Renewables in Next 3 Years – Top Indian Market News GAIL to invest Rs 6,000 crore in renewables in next three years GAIL India Ltd has announced plans to invest Rs 6,000 crore in renewable energy over the next three years. The investment can go up by an additional Rs 20,000 crore by 2030, said Manoj Jain— Chairman and MD. GAIL has outlined an overall […] Written by marketfeed Team May 30, 2022May 30, 2022
Market News Top 10 News SpiceJet Settles Dispute With Credit Suisse – Top Indian Market News SpiceJet settles dispute with Credit Suisse SpiceJet Ltd has signed and concluded the settlement, consent term with Credit Suisse in a pending dispute. The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline. The airline had already provided a bank guarantee of $5 million under the direction […] Written by marketfeed Team May 25, 2022May 25, 2022
Market News Top 10 News HUL’s Net Profit Rises 17% YoY in Q3 – Top Indian Market News HUL Q3 Results: Net profit rises 17% YoY to Rs 2,243 crore Hindustan Unilever Ltd reported a 16.76% YoY increase in net profit to Rs 2,243 crore for the quarter ended December (Q3 FY22). Net profit rose 5% when compared to the previous quarter. Its revenue from operations rose 10.23% YoY to Rs 13,183 crore […] Written by marketfeed Team January 20, 2022April 21, 2022
Market News Top 10 News Wholesale Inflation Rises to 14.23% in November – Top Indian Market News Wholesale inflation rises to 14.23% in November Wholesale price inflation (WPI) surged to a 12-year high of 14.23% in November, compared to 12.54% in October. The WPI inflation has been in double digits for the past 8 months. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic […] Written by marketfeed Team December 14, 2021April 21, 2022
Market News Top 10 News Manufacturing PMI Rises to 53.7 in September – Top Indian Market News Manufacturing PMI rises to 53.7 in September India’s manufacturing activity expanded for the third straight month in September. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 53.7 in September, compared with 52.3 in August. Companies benefited from strengthening demand conditions amid the easing of Covid-19 restrictions. However, the increase in fuel, raw […] Written by marketfeed Team October 1, 2021April 21, 2022
Market News Top 10 News Bharti Airtel Conducts Cloud Gaming Session on 5G Trial Network – Top Indian Market News Bharti Airtel conducts cloud gaming session on 5G trial network Bharti Airtel has successfully conducted India’s first cloud gaming session in a 5G environment. The demonstration was conducted in Manesar, Gurgaon, as part of the ongoing 5G trials using spectrum allotted by the Department of Telecommunications (DoT). Cloud gaming enables users to stream and play […] Written by marketfeed Team September 2, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ZyCoV-D Gets Emergency Use Approval in India – Top Indian Market News Zydus Cadila’s ZyCoV-D gets emergency use authorisation in India The Subject Expert Committee (SEC) of Central Drugs Standard Control Organisation (CDSCO) has recommended the Emergency Use Authorization (EUA) for Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, in India. The three-dose vaccine is applied using a needle-free system known as Tropis, which can also lead to a significant […] Written by marketfeed Team August 20, 2021April 21, 2022
Market News Top 10 News Tata Steel Reports 34% QoQ Rise in Net Profit in Q1 – Top Indian Market News Tata Steel Q1 Results: Net profit at Rs 8,907 crore Tata Steel Ltd reported a consolidated net profit of Rs 8,907 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 4,416 crore in Q1 FY21 and a net profit of Rs 6,644 crore in the previous quarter (Q4 […] Written by marketfeed Team August 12, 2021April 21, 2022
Market News Top 10 News Power Grid Reports 6% YoY Rise in Net Profit in Q4 – Top Indian Market News Power Grid Corp Q4 Results: Net profit rises 6% YoY to Rs 3,526 crore Power Grid Corporation of India reported a 6.42% YoY (or 4.7 QoQ) increase in consolidated net profit to Rs 3,526.23 crore for the quarter ended March (Q4). Its revenue from operations rose 3.5% YoY to Rs 10,510.32 crore during the same […] Written by marketfeed Team June 17, 2021April 21, 2022
Market News Top 10 News Report of NSDL Freezing 3 FPI Accounts ‘Erroneous’, says Adani Group – Top Indian Market News Report of NSDL freezing accounts of FPIs are erroneous: Adani Group In a filing to the stock exchanges, the Adani Group clarified that reports of the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign portfolio investors (FPIs) are “blatantly erroneous”. They stated that the report was meant to deliberately mislead the investing […] Written by marketfeed Team June 14, 2021April 21, 2022
Market News Top 10 News Amara Raja Batteries Reports 38% YoY Rise in Net Profit in Q4 – Top Indian Market News Amara Raja Batteries Q4 Results: Net profit rises 38% YoY to Rs 189 crore Amara Raja Batteries reported a 38% YoY increase in consolidated net profit to Rs 189.38 crore for the quarter ended March (Q4). Net profit has declined by 2.23% when compared to the previous quarter. Its revenue from operations rose 33% YoY […] Written by marketfeed Team May 22, 2021April 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
