Stock Market Updates

Infosys to hire 36000 people

Salil Parekh, CEO of Infosys said that the organization is recruiting from both campuses and along the side in enormous numbers to guarantee consistent execution. Bengaluru-based IT major Infosys to hire 36000 people, from grounds and laterals in India and abroad for FY 2022. UB Pravin Rao, COO, Infosys, said that the organization will recruit …

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India’s economic fallout from second virus wave may be limited: Barclays

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India racked up the world’s highest daily tally of coronavirus infections with 168,912 new cases on Monday, overtaking Brazil as the second-most affected country by the pandemic and causing a plunge in Indian stocks and the rupee, still Barclays said, India’s economic fallout from second virus wave may be limited. India’s accelerated vaccination drive may …

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Current Inflation rate in India 2021

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Current Inflation rate in India 2021, for the month of March came in at 5.52 percent, rising from February’s 5.03 percent. Meanwhile, the official data released on April 12 shows that retail inflation in March stayed within the Reserve Bank of India’s (RBI) medium term inflation target of 4(+/-2 per cent) for the fourth consecutive …

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Indian Stock Market Weekly Report

Below is the weekly Stock Market report/wrap which includes changes in stocks, indices, commodities, Indian and foreign investments in Indian Markets. Weekly Stock Market Report Indices and Volumes Indices: NIFTY -33 points, SENSEX -439 points for the week Index moves: Nifty -0.2%, Sensex -0.9% Cash market volumes: $ 50bn v/s $ 27bn Chg in INR: +1.93% Weekly Stock Market …

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AdaniGroup joins $100 Billion Group

Market Capitalisation crosses 7.84 Lakh Crores AdaniGroup joins $100 Billion Group, Tycoon Gautam Adani’s ports-to-energy combination has become India’s third gathering to cross $ 100 billion in market capitalization. The absolute market cap of Adani Group’s six recorded organizations at the end of exchanging on Tuesday. Market Cap was Rs 7.84 lakh crore or $ …

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Sensex, Nifty, BankNifty tanks as coronavirus cases spike But Some Stocks Gaines Instead

Fear of a bumpy economic recovery as Maharashtra starts its partial lockdown amid growing coronavirus cases pulled the indices lower on Monday.  Breaking all the important support, the market went back to 14,450 levels and came back. For the last 20 days, 14,450 have been working on an important basis. From now on, 14,450 would …

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Overseas Direct Investment made by Indian Companies in Feb 2021 | RBI Data

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RBI Data on Outward FDI from India in the month of February 2021 Summary of Outward Foreign Direct Investment (OFDI) based on Reporting date – Comparative Position – February 2021   Equity (USD Million) Loan (USD Million) GuaranteeIssued (USD Million) Total Financial Commitment (USD Million) Month   1 2 3 1+2+3 January 2021 387.8 468.07 …

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Jubilant Industries News | Restructure of business approved by the board | 24th Feb 2021

Jubilant Industries Ltd, (JIL) a leading Agri & Performance Polymers company, headquartered in Noida, India, announced today that its board has approved the scheme of arrangement to restructure its businesses by vesting its Agri and Consumer Products business (ACP) with its wholly-owned subsidiary Jubilant Agri and Consumer Products Ltd. (JSCPL) Commenting on this development, Hari …

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