Market
Introduction: ONGC Plans Ethane Imports Amid Changing Qatar LNG Composition In a significant shift in its energy strategy, Oil and Natural Gas Corporation (ONGC) plans to import ethane starting May 2028, compensating for the altered composition of liquefied natural gas (LNG) from Qatar. As per a recent tender floated by the state-owned energy giant, the…
Introduction IndusInd Bank Chiefs Exit is making headlines as the private lender faces a leadership shakeup following internal accounting lapses, according to recent reports. The top executives of the bank are expected to step down within the next few months, triggering discussions across the financial sector about governance, compliance, and the future of the institution….
Nifty, Sensex Surge for Fifth Consecutive Session Led by Auto and Financial Stocks Introduction: Benchmark indices Nifty 50 and Sensex extended their winning streak to the fifth consecutive session by mid-trade on March 21, driven by robust buying in automobile and financial stocks. Despite pressure from information technology stocks, markets held their bullish tone as…
Indian IT stocks reversed early losses on March 21, 2025, with the Nifty IT index rebounding strongly, even as Accenture’s Q2FY25 guidance fell short of investor expectations, triggering global concerns. Surprisingly, Mphasis, Coforge, and Persistent Systems shares led the turnaround, helping the index stage a smart recovery. Despite a weak start due to global cues,…
Bain Capital investment in Manappuram Finance marks a major milestone in India’s NBFC sector. The global private equity firm has announced a ₹4,385 crore investment in Manappuram Finance, acquiring an 18% equity stake through a preferential allotment of shares. This deal not only strengthens the NBFC’s capital base but also signals a growing interest from…
India’s cables and wires industry just got a major jolt — and investors felt it immediately. Shares of top players like Polycab, Havells, and KEI Industries saw a sharp fall of up to 13% on March 20, just a day after Adani Group announced its big entry into the sector. The market clearly didn’t take…
GRSE shares rose 3% on March 20 after a 20% surge the previous day, following an MoU with PWD Nagaland to supply eight Double Lane Modular Steel Bridges. This is the first such deal with a North-Eastern state. GRSE has delivered over 5,800 bridges and recently completed sea trials of two warships for the Indian…
New Delhi, March 13, 2025 — Oil India Ltd shares surged nearly 4% intraday after the Lok Sabha passed the much-anticipated Oilfields (Regulation and Development) Amendment Bill 2025, leading to renewed investor confidence in the energy sector. The bill, which aims to streamline the licensing and regulatory processes in the oil and gas sector, is…
March 13, 2025 | Mumbai:If you’ve been hearing buzz about stricter rules coming up for investing in Futures & Options (F&O), here’s some clarity – SEBI (the Securities and Exchange Board of India) is not planning to block retail investors from entering the F&O market. Yes, you read that right! There were talks going around…
The Indian IT sector is witnessing a dip today, with major players like Infosys, TCS, and Wipro trading in the red. But what’s causing this sudden fall in these blue-chip stocks? 📉 Global Pressure, Local Impact One of the primary reasons is weak global sentiment. The U.S. Federal Reserve’s recent hawkish stance on interest rates…