Indian Equity Market Soars to New Heights: Nifty 50 hits record high at 22,150.8, surpassing previous peak on Feb 2 during Union Budget 2024

• Nifty 50 Hits a New Record: The primary stock market index in India, the Nifty 50, has achieved a historic peak, reaching an impressive […]

HDFC’s Rollercoaster Ride: Mutual Funds Pour Rs 23,700 Crore, Foreign Investors Exit with Rs 28,500 Crore in January!

Overview of January Stock Market Activity: HDFC Bank Ltd.:   – Mutual funds made a significant addition to their portfolios in January, with HDFC Bank Ltd. […]

BOFA FMS Insights: Investor Sentiment, Cash Levels, and Crowded Trades

BOFA FMS notes a significant shift as investors, for the first time since April 2022, refrain from predicting a recession. Cash levels within BOFA FMS […]

Jeff Bezos Sold $2 Billion in Amazon Stock: Strategic Sales Aligned with Trading Plan and Miami Relocation

Jeff Bezos has recently divested approximately $2 billion worth of Amazon ($AMZN) stock, as indicated by financial filings. The sales spanned multiple days, commencing on […]

Boeing $BA Outperforms Q4 2023 Earnings Expectations, Focuses on Quality Enhancement and Strategic Actions

Boeing ($BA) Q4 2023 Earnings Highlights: – Revenue reaches $22.02 billion, surpassing the estimated $21.06 billion. – Commercial Airplanes Revenue records $10.48 billion, exceeding the […]

RBI Cracks Down on Unauthorized Payment System: Visa and the Mystery Card Network Under Regulatory Scrutiny

The Reserve Bank of India (RBI) has taken strict measures against an unidentified card network for establishing an unauthorized payment system to facilitate commercial card […]

Tata Explores Spinoff for Agratas: Unlocking Potential in the Battery Business

Tata Group is reportedly contemplating the spinoff of its battery business, Agratas Energy Storage Solutions Pvt, as part of its strategic expansion into India’s renewable […]

NielsenIQ Reveals Deceleration in Indian Consumer Goods Growth: Rural Resilience Amidst Urban Slowdown

NielsenIQ reported a sequential slowdown in Indian consumer goods sector sales volume growth for Oct-Dec 2023. Despite soft sales at local stores, rural areas bridged […]

Interim Budget 2024: Nirmala Sitharaman || Live Update

FM Nirmala Sitharaman is set to deliver her sixth Budget, the last for Modi government’s second term, unveiling the traditional ‘bahi khata’ before her speech. […]

Key Takeaways from Paytm Conference Call: RBI Directives Impacting Paytm Payments Bank

• Paytm’s Founder and CEO, Vijay Shekhar Sharma, underscores the crucial compliance with RBI directives, pledging swift action in response. • Vijay Shekhar reveals that […]

BOFA Report: Robust Weekly Inflows Across Stocks, Bonds, and Tech, Notable Shifts in Gold and Treasuries, and Bullish Sentiment Reaches 2.5-Year High

According to Bank of America (BOFA), the latest EPFR data reveals significant financial movements in various sectors. There is a notable weekly inflow of $20 […]

Federal Reserve Chairman Powell Voices Concerns on Unsustainable Fiscal Path as U.S. National Debt Surpasses $34 Trillion

• Federal Reserve Chairman Jerome Powell expressed concern in a recent interview, stating that the U.S. is on an unsustainable fiscal path. • Powell emphasized […]