Indian equity benchmarks came under heavy selling pressure on June 23, with the Sensex falling more than 700 points and the Nifty slipping below the 23,900 mark during intraday trade. The decline wiped out nearly ₹4.57 lakh crore from the market ca
The NSE Emerge segment has crossed the ₹2 lakh crore market cap, indicating the increasing importance of the SME segment in India’s capital market ecosystem. According to the latest NSE Pulse report, 731 companies were listed on the exchange’s
India’s private sector activity lost some momentum in June, with softer demand and slower job creation weighing on overall growth, according to the HSBC Flash India Purchasing Managers’ Index released on Tuesday. Invest in Indian Markets an
The Reserve Bank of India sold a net $8.94 billion in the foreign exchange market during April, according to data released in the central bank’s monthly bulletin on Monday. The RBI bought $16.23 billion and sold $25.17 billion during the month, fol
Meta Platforms will invest $900 million in Indian fintech firm CRED, valuing the Bengaluru-based company at $4.5 billion, while CRED founder Kunal Shah has been appointed to head WhatsApp globally, the companies announced on Monday. Invest in I
Even though India has witnessed some of its largest IPOs, it is important to note that these have not necessarily meant instant gains for the investors in many cases, where some well-known stock market listings have performed poorly in terms of value
SpaceX shares fell 16 on Monday, extending losses for a third straight session and erasing close to $600 billion in market capitalization, according to Bloomberg. The decline comes weeks after the aerospace and technology company emerged as one of t
Kirloskar Oil Engines Ltd. (KOEL) rose more than 11 on Tuesday to ₹2,644.50, building on Monday’s 20 upper-circuit gain after announcing a sizeable order from digital infrastructure company HyperNext and receiving a rating upgrade from JM Finan
Foreign institutional investors (FIIs) have bought nearly $899 million worth of Indian equities over the last five trading sessions, extending their renewed interest in domestic financial assets after stepping up purchases in the debt market earlier
PPFAS Mutual Fund’s flagship Flexi Cap Fund has increased allocations to information technology companies over the past three months through May, taking a contrarian view on a sector that has faced persistent pressure amid concerns over artificial
The Indian rupee started Tuesday’s session slightly weaker, opening at 94.69 against the U.S. dollar, down by 1 paise from the previous close, even as easing crude oil prices provided some support to the domestic currency. According to Reuters,
Petrol and diesel prices across major Indian cities were kept unchanged on Tuesday, June 23, despite a decline in international oil prices after diplomatic progress between the U.S. and Iran eased concerns over crude supply disruptions. Retail fue
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