News Overview

As of March 2024, the government owned 66.14% of the corporation, while the LIC owned 6.88%. Foreign institutions own 3.13% of the firm.

The big highlight of the week was the sharp fall in the India bond yields post the RBI dividend announcement

No new positions are allowed in F&O contracts for the banned stocks during the ban period.

The dispute started in 2018 when PhonePe sent BharatPe a legal notification demanding that the latter stop using the word "Pe" in Devanagari script.

Sundaram Business Cycle Fund NFO is an opportunity to invest in the big emerging stock market themes of tomorrow

Indian markets enter a crucial week with FY24 GDP data and FY24 fiscal deficit data expected

Spot gold increased by 0.2% to $2,338.85 an ounce. Prices on Friday fell to $2,325.19, the lowest level since May 9. At $2,340.20, gold futures were up 0.3%.

The July Brent crude price had increased by 11 cents to $82.23 per barrel. August contract, which is more active, increased by 13 cents to $81.97.

GAIL (India) Ltd. opened its first 10 MW Green Hydrogen Plant as part of the National Green Hydrogen Mission at Vijaipur, Madhya Pradesh.

For confirmation of a European rate cut that traders have priced for next week, eyes will be on Germany's inflation on Wednesday.