Indian Market News

On November 19, insurance stocks in India witnessed a significant downturn following Finance Minister Nirmala Sitharaman’s comments urging banks to focus on core banking activities and avoid excessive selling of insurance products. The remarks, mad

Online travel company MakeMyTrip has announced its plan to acquire Happay, an expense management platform, from the fintech giant CRED. The deal will see MakeMyTrip enhance its corporate travel and expense management offerings, with an aim to solidif

According to provisional data from the NSE, domestic institutional investors (DIIs) made net purchases of ₹2,331 crore worth of shares on November 18. On the flip side, foreign institutional investors (FIIs) sold shares, recording a net outflow of

The government is on track to surpass its direct tax collection target of ₹22.07 lakh crore for FY25, according to Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal. He announced this during the inauguration of the Taxpayers’ Lounge at t

Finance Minister Nirmala Sitharaman didn’t hold back on Monday when she called out the “stressful” interest rates we’re currently seeing. Speaking at an event hosted by the State Bank of India (SBI), she urged banks to consider making loans m

Medplus Health Services kicked off its stock market journey with a bang, rising 3% to ₹726. About 7% of the company’s shares—78.9 lakh in total, worth ₹552 crore—changed hands in a block deal at an average price of ₹700 per share. By 1

On Monday, 18th November, Dalal Street experienced a bearish trend in a shortened trading week, as key indices, Sensex and Nifty, plunged under the weight of continued foreign fund outflows, selling pressure in IT stocks, and cautious comments by US

The Securities and Exchange Board of India (SEBI), which oversees the capital markets, has hit Reliance Big Entertainment with a ₹26 crore demand notice. Why? For failing to pay penalties tied to the alleged diversion of funds involving Reliance Ho

The National Stock Exchange (NSE) is set to add 45 new stocks to its futures and options segment, effective November 29th. This expansion includes prominent names such as Zomato, DMart, and Jio Financial. "Members are advised to note that bas

The Nippon India Nifty Realty Index Fund Direct (G), subject to monitoring mistakes, the scheme's investment goal is to provide returns that are consistent with the total returns of the securities as represented by the Nifty Realty Index before expen

Shares of Swiggy, the popular online food delivery and quick commerce platform, made an impressive debut on the stock exchanges on November 13, 2024, as they surged by approximately 19% following a modest listing. Shares of Swiggy surged as

Kalyan Jewellers Ltd. reported its financial results for the quarter ending September 2024, showing a decline in net profit despite strong revenue growth. The company posted a net profit of ₹130 crore, down 3.3% from ₹134.8 crore in the same quar