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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
Tata Consumer Products ceases negotiations with Bisleri for potential acquisition, shares dip 2%
Tata Consumer Products (TCPL) has ceased negotiations with Bisleri for a potential acquisition, causing a 2% dip in shares. TCPL evaluates strategic growth opportunities ongoing.
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News
Bajaj Finance Shares Slip for Fifth Straight Day as Analysts Debate Its Prospects: A Look at the Views and Factors Driving the Stock’s Performance
Get insights into the declining performance of Bajaj Finance shares in the stock market, with expert views on loan growth, competition, digital ecosystem, and target price.
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News
Indian Equity Indices Close in the Red for Fourth Consecutive Day on Continued Investor Fears and Nervousness Ahead of US Inflation Data
Read about the fourth consecutive day of decline for Indian equity indices due to investor fears over the SVB collapse and nervousness ahead of US inflation data, along with updates on global markets, oil prices, and the rupee.
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News
Infosys shares hit 5-month low after president’s resignation
Shares of Infosys, an Indian IT bellwether, hit a five-month low after the resignation of its president, Mohit Joshi. ICICI Securities notes potential vulnerabilities in the near term.
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News
YES Bank shares plunge 13% as lock-in period ends under RBI reconstruction scheme
YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.
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News
Indian Stock Market Hit by SVB Crisis and Global Market Volatility
The Indian stock market is facing turbulence due to the SVB crisis and global market volatility. Bank stocks are suffering, Nifty is experiencing a bearish momentum, and investors are cautious about potential rate hikes. Stay informed to navigate this uncertain market.
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