Market News Top 10 News JSW Steel’s Crude Steel Output Rises 31% in May – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: JSW Steel crude steel production rises 31% in May JSW Steel Ltd’s crude steel production (standalone) increased by 31% year-on-year (YoY) to 17.89 lakh tonnes in May. The production of flat-rolled products also expanded by 29% YoY to 12.84 lakh tonnes. The […] Written by Cherian Varghese June 15, 2022June 15, 2022
Editorial The NSE Co-Location Scam, ‘Himalayan Yogi’ and More: Explained Earlier this week, former National Stock Exchange (NSE) chief Chitra Ramkrishna was taken into custody by the Central Bureau of Investigation (CBI) in a co-location scam case. She was arrested for taking vital management decisions under the influence of a ‘Himalayan Yogi’. According to sources, the Yogi was revealed to be Anand Subramanian, former Group […] Written by marketfeed Team March 10, 2022April 21, 2022
Market News Top 10 News Titan’s Net Profit Jumps 135% YoY in Q3 – Top Indian Market News Titan Q3 Results: Net profit jumps 135% YoY to Rs 987 crore Titan Company Ltd reported a 135% YoY jump in net profit to Rs 987 crore for the quarter ended December (Q3 FY22). Its revenue from operations rose 34.8% YoY to Rs 9,381 crore during the same period. The watches and wearables segment registered […] Written by marketfeed Team February 3, 2022April 21, 2022
Editorial SEBI Proposes T+1 Settlement Cycle on Optional Basis: All You Need to Know Earlier this week, the Securities and Exchange Board of India (SEBI) announced that stock exchanges would have the option to move to a T+1 (Trade Date+1 Day) stock settlement cycle starting from January 1, 2022. While many have welcomed the proposal, a lot of concerns have emerged regarding the implementation of the new system. In […] Written by marketfeed Team September 10, 2021April 21, 2022
Editorial NSE VS BSE | How NSE Beat BSE to Become India’s Top Stock Exchange Stock exchanges are the powerful platforms or marketplaces that allow us to invest or trade in securities. Most beginners in the stock market have a doubt regarding the exchange they should transact in— whether it should be BSE or NSE. In this article, we dive into the two prominent stock exchanges of India. We shall […] Written by marketfeed Team July 20, 2021April 21, 2022
Market News Top 10 News NSE, ONGC Buys Stake in IGX From Indian Energy Exchange – Top Indian Market News NSE, ONGC buys stake in IGX from Indian Energy Exchange Indian Energy Exchange (IEX) has divested 26% of its equity holding in Indian Gas Exchange (IGX) to the National Stock Exchange of India. NSE will purchase 1.92 crore equity shares of IGX from IEX for Rs 19.20 crore. IEX has also sold 5% of its […] Written by marketfeed Team March 10, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Falls Marginally in February – Top Indian Market News India’s manufacturing PMI falls marginally in February India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector eased slightly to 57.5 in February from 57.7 in January. Last month, firms responded to rising production needs by […] Written by marketfeed Team March 1, 2021April 21, 2022
Market News [Updated] Trading Halted on NSE Due to Technical Glitch The price feed for indices on the National Stock Exchange (NSE) has frozen. Nifty 50 has not made any movement since 10:08 AM. The index stood at 14,820.45, up 112.65 points or 0.77%. All sectoral indices on the NSE (Nifty Bank, Nifty Financial Services, etc) are frozen as well. However, the stocks listed on Nifty […] Written by marketfeed Team February 24, 2021April 21, 2022
Editorial NSE Algo Scam, All About The National Stock Exchange(NSE) Co-Location Scam Scams have taken place within exchanges and the stock market, but have you ever heard of a stock exchange itself scamming someone? The National Stock Exchange did exactly that in what is called the ‘NSE co-location Scam’. This scam involved close to 62 brokers, advisories, traders, and the employees of the National Stock Exchange. Here’s a quick brief on what the co-location scam was all about. Written by marketfeed Team December 9, 2020April 21, 2022
Market News Top 10 News SII Seeks Emergency Use Authorisation for Covidshield – Top Indian Market News Serum Institute seeks emergency use authorisation of Covidshield in India The Serum Institute of India (SII) has sought approval from the Drugs Controller General of India (DCGI) for emergency use authorisation (EUA) of the AstraZeneca-Oxford vaccine, Covidshield, in the country. It is the second firm, after Pfizer, to seek EUA approval from the Indian drug […] Written by marketfeed Team December 7, 2020April 21, 2022
Market News Top 10 News SpiceJet Plane Undershoots Runway in Guwahati – Top Indian Market News SpiceJet plane undershoots runway in Guwahati; DGCA grounds 2 pilots A SpiceJet plane undershot the runway while landing at the Guwahati airport on Friday. The Directorate General of Civil Aviation (DGC) has grounded the two pilots who were operating the Bengaluru-Guwahati flight. Officials stated that none of the passengers was hurt in the incident. The […] Written by marketfeed Team December 5, 2020April 21, 2022
Editorial NSE allows trading of T-bills, state bonds NSE (National Stock Exchange) introduced trading in Treasury bills (T-bills) and State Development Loans (SDLs) in its capital market segment. In line with equity trading, investors can now buy and sell T-bills and SDLs through NSE trading members. Most importantly, the move comes within a week of SEBI chairman Ajay Tyagi urging financial market participants […] Written by marketfeed Team July 30, 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
