21st Apr 2022
Energy security has come to the forefront globally and renewables will play a leading role in boosting domestic energy security. Reliance is aiming to provide the resources behind the evolution of India's energy transition and the world's hydrogen ec
The much awaited IPO of Campus Activewear will open for subscription on 26th April and it would be entirely an offer for sale, with no fresh issue component. Here are 8 important things you must know about the IPO of Campus Activewear. 1) The Camp
Nifty started the day with a gap up opening and surpassed its important hurdle of 17300. Then, the index continued its momentum throughout the session and ended tad below 17400 with gains of one and a half percent. The index had formed a
The Russia-Ukraine war and resurgence of COVID-19 cases have dimmed the economic outlook. The higher energy costs place downside risks on growth and persistent supply chain disruptions put upward pressure on inflation. Despite expectations of weaker
The positive global market set ups led to a gap opening for the Nifty above the 17000 mark. The index managed to trade with a positive bias throughout the day and ended above 17100 with gains of over a percent. Our markets corrected shar
18th Apr 2022
Our markets started the week with a gap down post the extended weekend. Post the gap down, the index witnessed selling pressure for most part of the day and it even sneaked below 17100 mark. Nifty recovered marginally from the intraday low towards th
13th Apr 2022
The truncated week witnessed some cool-off in the index as market participants looked to lighten up their positions ahead of the long weekend. The index ended below 17500 mark with a weekly loss of 1.74 percent. The truncated week witnes
On 8th April, the Reserve Bank of India (RBI) announced the Monetary Policy. The six-member Monetary Policy Committee (MPC) voted unanimously to keep the repo rate unchanged at 4 percent. MPC committee keeps the reverse repo rate unchanged at 3.35 pe
Q4FY22 is expected to be a wash-out quarter for many companies across sectors. The impact of the third wave of Covid caused due to Omicron variant in January and continued spiraling inflation has impacted demand while the elevated level of commodity
12th Apr 2022
The correction in the global markets led to a negative opening for our markets and post opening, Nifty witnessed some selling pressure and it breached the 17500 mark. The index registered a low tad below 17500, but it recovered some of the losses and
India’s 8 global share in computer (IT) and other business services (ITES) in 2020 is a record high. Indian IT/ITES exports growing much faster than almost all peers and India is practically the second-largest globally, next only to the US.
On 8th April, the Reserve Bank of India (RBI) announced the Monetary Policy for the month of April and kept the benchmark interest rate unchanged at 4 percent going forward decided to withdraw its accommodative stance to ensure that inflation remains
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