Indian Market News

The Reserve Bank of India (RBI) on August 5 revised its inflation outlook for FY27 while maintaining the benchmark repo rate at 5.25% for the fourth consecutive policy meeting. The Monetary Policy Committee (MPC) reduced its consumer price inflation

The RBI on August 5 left the repo rate steady at 5.25% for a fourth consecutive monetary policy meeting. The Monetary Policy Committee (MPC) has also stuck to its neutral approach due to uncertainties pertaining to global economic trends and other fa

Petrol and diesel prices remained unchanged across the country on August 5 even as the Centre increased the windfall tax on exports of petroleum products. The revised export duties came into effect immediately, but the move does not affect domestic r

The Indian rupee opened 46 paise higher against the U.S. dollar on August 5, starting the session at 94.92 per dollar compared with its previous close of 95.38. The domestic currency advanced after easing global crude price levels reduced pressure on

Quarterly earnings will dominate investor attention on August 5 as several companies, including Power Grid Corporation of India, PB Fintech, Aurobindo Pharma, Berger Paints India, Biocon, Cummins India, eClerx Services, Allcargo Logistics, GE Vernova

Several stocks are likely to attract investor attention on August 5 following key corporate announcements, stake sales, listings and dividend-related developments. Life Insurance Corporation of India share price, Bharti Airtel share price, ONGC share

JioBlackRock Asset Management has launched its first exchange-traded fund (ETF), the JioBlackRock Nifty 50 ETF, marking its debut in India’s ETF segment. The new fund offer (NFO) opened on August 4 and will close on August 11. The strategy is inten

The introduction of the Closing Auction Session (CAS) has prompted fresh discussion within the mutual fund industry after Monday’s trading session saw a sharp difference between the Nifty’s level at 3:15 pm and its official closing value. Since m

Debt fund managers are maintaining their duration positioning ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting scheduled from August 3 to August 5, expecting the central bank to leave key policy rates unchanged. Ma

Stock specific moves were in the limelight on August 4, with the help of quarterly results, brokers reports, and corporate news. Ather Energy share price and KEI Industries share price posted strong gains during the session, while Life Insurance Corp

LIC share price came under heavy selling pressure on August 4 after the Government of India launched an Offer for Sale (OFS) to dilute up to a 6.5% stake in the state-owned insurer. The issue, priced at a significant discount to the previous closing

India has raised windfall taxes on exports of petrol, diesel and aviation turbine fuel (ATF), revising the rates with immediate effect as fluctuations in crude oil price continue to influence global energy markets. The revised levy, notified through