Market News Top 10 News WPI Inflation Rises to 11.39% in August – Top Indian Market News WPI inflation rises to 11.39% in August India’s wholesale inflation, measured by the Wholesale Price Index (WPI), spiked to 11.39% in August 2021. WPI grew 11.16% in July and 12.07% in June. The food articles segment witnessed a (-)1.29% change in August, as prices of vegetables and fruits contracted. Inflation in the fuel and power […] Written by Cherian Varghese September 14, 2021September 14, 2021
Market News Top 10 News Aramco, RIL in Advanced Talks for $25 billion Deal – Top Indian Market News Saudi Aramco in advanced talks with Reliance for $25 billion deal: Report According to a report from Bloomberg, Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd’s (RIL) oil refining and chemical business. Aramco is discussing the purchase of a nearly 20% stake in the Reliance […] Written by Cherian Varghese August 16, 2021August 16, 2021
Market News Top 10 News Infosys Reports 23% YoY Rise in Net Profit in Q1 – Top Indian Market News Infosys Q1 Results: Net profit rises 23% YoY to Rs 5,195 crore Infosys Limited reported a 22.7% year-on-year (YoY) increase in consolidated net profit to Rs 5,195 crore for the quarter ended June (Q1 FY22). Net profit has increased by 2.3% when compared to the previous quarter. Its revenue from operations rose 17.87% YoY (or […] Written by Cherian Varghese July 14, 2021July 15, 2021
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 Cherian Varghese June 14, 2021June 16, 2021
Market News Top 10 News WPI Inflation Jumps to 11-Year High of 10.49% in April – Top Indian Market News WPI inflation jumps to 11-year high of 10.49% in April India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), rose to an 11-year high of 10.49% in April 2021. WPI stood at 7.39% in March and 4.83% in February. The annual rate of inflation is high primarily due to the rise in prices […] Written by Cherian Varghese May 17, 2021May 17, 2021
Market News Top 10 News WPI Inflation Rises to 8-Year High of 7.39% in March – Top Indian Market News WPI Inflation rises to 8-year high of 7.39% in March According to data released by the Ministry of Commerce & Industry, wholesale inflation in India rose to an 8-year high of 7.39% in March. The Wholesale Price Index (WPI) stood at 4.17% in February and 2.51% in January. The prices of crude oil, petroleum products, […] Written by Cherian Varghese April 15, 2021April 15, 2021
Market News Top 10 News India’s WPI Inflation Rises to 4.17% in February – Top Indian Market News India’s WPI inflation rises to 4.17% in February Wholesale inflation in India jumped to a 27-month high in February 2021, as prices of food, fuel, and power surged. Inflation based on the Wholesale Price Index (WPI) increased to 4.17% in February, compared to 2.03% in January. The WPI Food Index rose to 3.31% in the […] Written by Cherian Varghese March 15, 2021March 15, 2021
Market News Top 10 News Wholesale Inflation Rises to 2.03% in January – Top Indian Market News Wholesale inflation rises to 2.03% in January India’s wholesale inflation, calculated by the Wholesale Price Index (WPI), rose to 2.03% in January 2021. This is primarily due to a rise in the prices of fuel, crude petroleum & natural gas, manufactured items, etc. The WPI stood at 1.22% in December 2020 and 3.52% in January […] Written by Cherian Varghese February 15, 2021February 15, 2021
Market News Top 10 News India’s WPI Inflation Eases to 1.22% in December – Top Indian Market News India’s WPI inflation eases to 1.22% in December Wholesale inflation in India fell to the lowest level in four months, mainly due to a decline in the prices of food articles. Inflation based on the Wholesale Price Index (WPI) fell to 1.22% in December from 1.55% in November. The WPI was at 2.76% in December […] Written by Cherian Varghese January 14, 2021January 14, 2021
What Led to the 40% Rally in ZEEL? The shares of India’s largest media house, Zee Entertainment Enterprises Ltd (ZEEL), surged 40% to hit Rs 261.55 on Tuesday. It was a stellar intraday rally. The shares of its group companies such as Zee Media (+5%) and Zee Learn (+20%) were also locked in their respective upper circuit limits on Tuesday. Unfortunately, ZEEL has […] Written by Cherian Varghese September 16, 2021September 16, 2021
India’s Richest Investor: Radhakishan Damani The Indian stock market is passing through a golden era. It has molded sharp, disciplined, and inspiring investors over the years. Radhakishan Damani is one such individual who has taught us the beauty of value investing. He has applied analytical skills to build India’s largest retail supermarket chain, DMart. From living at a one-bedroom apartment […] Written by Anand P M September 15, 2021September 16, 2021
Sansera Engineering Ltd IPO: All You Need to Know The IPO frenzy continues in the Indian stock markets. Sansera Engineering Ltd, one of the leading auto components manufacturers in our country, has launched its three-day initial public offering (IPO) today— September 13. In this article, we take a closer look into the company and its IPO. Company Profile – Sansera Engineering Ltd Sansera Engineering […] Written by Cherian Varghese September 14, 2021September 14, 2021
