Market News Top 10 News Tata Motors Secures Biggest Ever EV Fleet Order – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors bags biggest ever EV fleet order in India Tata Motors Ltd has secured an order for the supply of 10,000 XPRES-T EV units from BluSmart Electric Mobility. The deployment of 10,000 units makes this the biggest ever EV fleet order […] Written by Cherian Varghese June 6, 2022June 6, 2022
Market News Top 10 News WPI Inflation Rises to 13.11% in Feb – Top Indian Market News WPI inflation rises to 13.11% in February India’s wholesale price-based inflation accelerated to 13.11% year-on-year (YoY) in February, compared to 12.96% in January. Fuel and power inflation stood at 31.5% YoY in Feb, compared to 32.27% in Jan. Inflation in manufactured products rose 9.84% in Feb, as against 9.42% in the previous month. This signals […] Written by marketfeed Team March 14, 2022April 21, 2022
Market News Top 10 News WPI Inflation Hits Five-Month High of 12.54% in October – Top Indian Market News WPI inflation hits five-month high of 12.54% in October India’s wholesale inflation accelerated to a five-month high at 12.54% in October 2021. The wholesale price index (WPI) grew 10.66% in September and 1.31% in October 2020. The high rate of inflation is primarily due to the rise in prices of mineral oils, basic metals, food […] Written by marketfeed Team November 15, 2021April 21, 2022
Market News Top 10 News JSW Steel’s Crude Steel Production Rises 29% YoY in Q2 – Top Indian Market News JSW Steel reports 29% YoY rise in crude steel production in Q2 JSW Steel Ltd reported a 29% YoY increase in crude steel production at 5.07 million tonnes (MT) for the quarter ended Sept (Q2 FY22). The capacity utilisation at the standalone level was at 91% during the quarter. For the six months ending September […] Written by marketfeed Team October 11, 2021April 21, 2022
Market News Top 10 News Finance Ministry Announces Rs 6.28 lakh crore Stimulus Package – Top Indian Market News Finance Ministry announces relief measures for sectors impacted by Covid-19 Union Finance Minister Nirmala Sitharaman has announced a Rs 6.28 lakh crore stimulus package to boost Covid-affected sectors. An amount of Rs 23,220 crore will be set aside for the expansion of medical infrastructure for one year. Once issuance resumes, five lakh tourist visas will […] Written by marketfeed Team June 28, 2021April 21, 2022
Market News Top 10 News Tech Mahindra’s Net Profit Declines 17.4% QoQ in Q4 – Top Indian Market News Tech Mahindra Q4 Results: Net profit declines 17.4% QoQ to 1,081 crore Tech Mahindra reported a 17.4% quarter-on-quarter (QoQ) decline in net profit to Rs 1,081 crore for the quarter ended March (Q4). Net profit is up 34.6% on a year-on-year (YoY) basis. The IT firm’s revenue rose 0.9% QoQ to Rs 9,730 crore during […] Written by marketfeed Team April 26, 2021April 21, 2022
Market News Top 10 News India’s Services PMI Rises to 55.3 in February – Top Indian Market News India’s services PMI rises to 55.3 in February India’s services activity expanded at the fastest rate in a year in February. This was driven by an extended robust recovery in domestic demand. However, employment had fallen further and overall input costs increased last month. The IHS Markit Purchasing Managers’ Index (PMI) for services stood at […] Written by marketfeed Team March 3, 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
