On Thursday Morning, Indian Stock Market Indexes — Sensex and Nifty crashed over 2.5 percent in early morning deals following massive selloffs in global share markets after Russia announced the military operation in Ukraine. Tracking developments in eastern Europe, the BSE Sensex plunged 1,461.35 or 2.55 percent to 55,770.71; and the Nifty tanked 430.10 points or 2.52 [...]
Indian Stock Market is full of Foreign Companies listed in Indian Exchanges. From Hindustan Unilever, Nestle, Colgate, Britannia to Bata, Bosch, AstraZeneca, etc are the subsidiaries of foreign companies that trade and operate in India. In the recent market correction, many foreign companies are trading up to -55% lower than their 52-week highs. Some of [...]
The second week of Feb 2022 between 6–12th Feb witnessed the quarterly results of major stocks listed on NSE & BSE like ONGC, Ashok Leylands, Mahindra & Mahindra, Nykaa, Voltas, Godrej, Page Industries, Motherson Sumi, Oil India, SAIL, ACC Cements & more. Here is a quick weekly market wrapup of the recent quarterly results in [...]
The first week of February 2022 between 31st Jan–05th Feb 2022, showed the quarterly results of many big Indian corporates like State Bank of India, Tata Steel, ITC, Titan Company, Adani Power, Indigo, Bank of India, Paytm, Thermax, Shree Cements, and more. Here is the weekly wrap-up of the Q3 corporate result announcements. SBI Q3 [...]
Last Thursday, the shares of Meta (Facebook) plunged over -26% in a day resulting in the company losing $230B of its market cap. If you want to understand how big this loss is, then know that the value wiped out of Meta’s market cap (-$230B) is bigger than the market cap of Reliance Industries. The [...]
The fourth week of January 2022 between 23–30th Jan, showed the quarterly results of many big Indian corporates like Marico, Kotak Mahindra Bank, Britannia, Vedanta, L&T, and more. Here is the weekly wrap-up of the Q3 corporate result announcements. Marico Q3 Results: Net profit rises 1.63%; Revenue jumps 13.4% FMCG firm Marico Ltd on Friday reported [...]
Although the year 2022 started strong, the second half of Jan 22 came with a quick correction in the market indexes. The major Indian Benchmark Indexes have declined in this time period, with Nifty 50 falling over -6.59% since making its high on 17th Jan 2022. From a 52-week high of 18,604.45 points, it is [...]
The Index share market Index Nifty 50 fell over -1.86% on the starting session on Thursday, 27th Jan 2022. It is currently trading at 16,956.00 points, compared to the 52 week high of 18,604.45 points. The Nifty 50 Index has fallen over 7.39% in the last ten days. Seeing the correction in the market, investors [...]
The third week of January 2022 showed the quarterly results of many big Indian corporates like Reliance Industries, Asian Paints, HUL, Bajaj Finance, Ultratech, SBI Life, and more. Here is the weekly wrap-up of the Q3 corporate result announcements. Reliance posts best quarterly performance, Net profit at Rs 18,549 cr in Q3 Billionaire Mukesh Ambani’s Reliance [...]
The semiconductor stocks have been into a lot of focus lately in India because of the recently announced PLI Scheme. Let's look into the PLI scheme and how it will help semiconductor companies and the economy overall. India was facing an inadequate supply of semiconductor chips. To combat this, the Centre sanctioned ₹76,000 crores under [...]
