The Indian stock market has witnessed a flurry of activity in the last 24 hours, with key announcements and developments shaping market sentiment. Major players in industries such as telecom, automotive, and financial services have released significant reports, and some key policy decisions have caught the attention of investors. In this blog, we will break … Read more
The race to dominate India’s growing satellite broadband market has taken a dramatic turn, with Mukesh Ambani’s *Reliance Industries* entering into a high-stakes battle with Elon Musk’s *Starlink* over how satellite spectrum should be allocated. The conflict centers on a decision by the Indian government, specifically the Telecom Ministry, to allocate satellite spectrum through an … Read more
The Indian stock market has seen significant activity over the past 24 hours, marked by notable developments in major companies and broader economic indicators. Hyundai Motors’ much-anticipated initial public offering (IPO) has been launched, attracting attention from investors across the market. Furthermore, Mukesh Ambani’s conglomerate, Reliance Industries, has announced its second-quarter (Q2) earnings, presenting mixed … Read more
In a significant move aimed at boosting the derivatives market, the *Securities and Exchange Board of India (SEBI)* has raised the *Futures and Options (F&O)* position limits for trading members. This change, which comes at a crucial time for market participants, is expected to have a wide-ranging impact on market liquidity, trading volumes, and overall … Read more
JSW Infrastructure, a key player in India’s infrastructure sector, saw its shares rise by 3% as Nuvama initiated a “buy” rating on the stock, citing strong growth prospects. The positive momentum in JSW Infra’s stock price reflects growing investor confidence in the company’s future, driven by its strategic projects, expansion initiatives, and robust industry outlook. … Read more
The Indian stock market witnessed significant action as *Angel One Ltd., one of the leading stock broking firms in the country, saw its shares surge by 8%. The bullish movement came on the back of robust financial performance in the second quarter (Q2) of the financial year. Angel One’s Q2 results for FY2023-24 revealed impressive … Read more
The stock market witnessed a surge in the shares of paint and tyre companies, with gains of up to 3% across the sector. This rally comes on the back of falling crude oil prices, driven by a reduced demand outlook globally. As crude oil is a major input cost for both paint and tyre manufacturers, … Read more
In the dynamic world of stock markets, changes in market capitalization (market cap) often signify important shifts in a company’s valuation and investor sentiment. Recently, one of the *Tata Group’s* key stocks has surpassed the market cap of *Radhakishan Damani’s* leading stock, making headlines and stirring interest among investors. This event underscores the strength of … Read more
In a significant potential move in the Indian telecom and digital entertainment space, *Tata Group* is reportedly preparing to sell its loss-making DTH business, *Tata Play, to **Bharti Airtel*. This decision could signal a major shift in the competitive landscape of the digital TV and broadband market, which is currently dominated by big players like … Read more
The Reserve Bank of India (RBI) has recently issued a stern warning to all banks that offer gold loans. The demand for gold loans has surged significantly in recent times, rising from 20% in August last year to an astounding 41% this year. While this increase in demand might signal growing confidence in using gold … Read more