Daily Market Minutes Podcast
Listen to daily podcast on Indian market and prepare yourself for the day. You will get the podcast every morning before the market start.
Money Control News
- The average buying price paid by Societe Generale for 1.35% stake in MTAR was Rs 1,880 per share.
- Sharekhan recommended Hold rating on Torrent Pharmaceuticals with a target price of Rs 1910 in its research report dated May 31, 2023.
- Based on the OI percentage, 51 stocks were on the short-covering list. These included Indian Hotels, Mahanagar Gas, Sun Pharmaceutical Industries, Indus Towers, and Sun TV Network.
- The Maharashtra government was among the first few states to have its IT policy in the late 1990#39;s, which was updated in 2015, and now in 2023.
- Aggarwal has registered the company along with Tenneti Venugopala Krishnamurthy who is one of the board members of ANI Technologies ltd which owns Ola Cabs and Ola Electric.
- Eight out ten customers looking for customisation are willing to pay for additional premium, private general insurer Future Generali’s study showed
- With the opening of three new office spaces, the company will expand its footprint in Bengaluru by over 2,00,00 sq ft.
EconomicTimes News
- Speaking at the Times Network India Economic Conclave 2023, he said India must learn from the rest of the world and allow pension funds and provident funds to invest into many companies instead of restricting them into investing mainly on government securities. Piramal, who was bullish on the future of the Indian economy, said this is the best time the country has had and "we […]
- Indian benchmark indices Sensex and Nifty ended lower in a highly volatile trade on Thursday due to selling in banking, metal, and energy counters amid a mixed trend in global markets. The 30-share BSE Sensex declined by 194 points to settle at 62,428.54, marking the second consecutive day of losses. While investors turned cautious about inflationary pressure in the US after raising the US debt […]
- Rajiv Jain, chief investment officer at GQG Partners, has reaffirmed his fund's commitment to India, holding around $13bn in the country's stocks, despite broader investor worries about corporate governance and political risk. Jain added that he and his colleagues were looking to buy more, with Indian infrastructural projects presenting new opportunities. He also defended his decisions to invest some $2.5bn into beleaguered conglomerate Adani Group.
- The Nifty 50 ended lower for the second time due to global uncertainty, according to Angel One's Rajesh Bhosale. Traders should remember that the primary trend stays upbeat, he added. The market analysist suggested that if global conditions improve the Nifty 50 could go up to 18600-18700 in the near future. The Senior Technical and Derivative Analyst at HDFC Securities, Subash Gangandharan, said the Nifty […]
- S&P Global has backed its rating of Reliance Industries, citing its resilient performance. Its rating has been affirmed at BBB+ and the issue rating on the senior unsecured debt has also been affirmed. S&P Global's stable outlook suggests it expects RIL's cash flows to remain strong and preserve its financial profile, despite elevated investments over the next two years. The ratings agency believes earnings growth […]
- Kotak Institutional Equities (KIE) has added Aavas Financiers, KIMS and Sun TV Network to its model midcap portfolio while removing Max Healthcare.
- RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement.
Mint News
- S&P 500 gains 0.99%, Dow Jones Industrial Average up 0.47%, Nasdaq Composite adds 1.28%
- Investment-grade rated companies issued $152 billion in May, making it the busiest May since 2020 when the pandemic crisis prompted record debt issuance volumes
- Foreign funds set up through these custodians will face enhanced compliance requirements as a result..Foreign funds from the nation held Indian securities worth ₹3.4 tn as of 30 April, data showed
- Adani Road Transport has terminated the agreement to acquire Macquarie Asia Infrastructure Fund's toll road in Andhra Pradesh and Gujarat for ₹3,110 crore.
- Aditya Birla Capital's board has approved a preferential issuance of ₹1,250 crore ($168m) to Grasim and Surya Kiran Investments to augment its capital base and improve leverage ratio.
- The issue was subscribed 3.46 times of the base size. Govt has decided to exercise the green shoe option
- KDDL, MTAR Technologies, RateGain Travel Technologies, and HealthCare Global Enterprises participated in bulk and block deals transactions. Foreign investors such as Societe Generale and Elevation Capital V Ltd were part of the deals.
- However, the company’s March quarter (Q4FY23) results are broadly in line with Street estimates. Analysts say stable margin last quarter, expected gains from Curatio integration and new product launches are reasons for optimism.
Why market news are important?
Well, we all know to keep ourselves up to date, we have to gain knowledge from some sources and news are the very important source of information and knowledge.
Those who are indulges in stock market and do trading and investing, they should know what is going on in the stock market. They must be aware of the global market and how the world is doing?, how the local companies are doing? and what happened yesterday?
Remaining up to date in the market will help you better observer and analyst which will help you to make better investor and trader.
Are the news trustworthy?
Should I depend on the Internet news? you may have this question in your mind like how truthful internet news are? Are these even legit?
Well, the short answer is we cannot trust most of the websites as we don’t know what they are writing is true or not. But keep in mind, there are some trustworthy websites on the internet whom we can trust.
Like moneycontrol, etmarket, mint, business standard etc. These websites are well known on the internet and they publish the news after verification only.
What type of news should I read?
You can get any type of news you want like sports, politics, education, money, finance law.
Our moneylok.com displays best and latest news related to Indian stock market and money, if someone interested they can simply visit and ready daily news.
How can I get latest news?
There are many ways to get the latest news.
Many websites offer email facility where you can give them your email and they will sent you daily news details.
other method is you can enable news alert like google news offer alerts and you can enable any type of news alert. e.g if you want to know about news updates on “world cup” you can set the alert for that. These alerts you can receive on your email.