US Fed hikes interest rate by 0.25% after more than 3 years and signals more hikes ahead

Stock Market: US Fed hikes interest rate by 0.25% after more than 3 years and signals more hikes ahead

The Federal Reserve raised interest rates on Wednesday for the first time since 2018. To control the 40-year high inflation level in the US, the US Fed announced an interest rate hike in its meeting on March 16. The US Fed decided to increase the interest rate by 25 basis points (0.25%) and Fed Chairman … Read more

RBI launches UPI123Pay: How UPI will work on feature phones

feature phone

RBI launched a new UPI service 123 Pay. So RBI has launched to help 400 million feature phone users. Till now UPI payment was done through online payment applications and USSD based services on an offline feature phone. With the USSD base service, those users who do not have a smartphone or internet connection can … Read more

FIIs sell-off 18615 cr and DIIs invest 12600 cr in Indian market amid Fed likely to hike rates

Share Price

Foreign Institution investors (FIIs) have consistently reduced their holdings in the Indian equity market in the last 6 months. This selling started in October 2021 when the markets were at their peak. The expectation of a hike in interest rate by the Fed due to inflation in the US, and rising valuations in the Indian … Read more

Netflix adds 8.3mn subscribers less than expected in Q4: Netflix stock slumps

Netflix

Netflix stock fell 25.87% last month. Netflix recently estimated that the company will add almost 2.5 million subscribers in the 1st quarter of 2022 (Q1 2022), but this number is almost 40% down from the same quarter last year (Q1 2021) when it was 4 million. Netflix’s customer acquisition growth still hasn’t reached pre-Covid levels. … Read more

Nifty and Sensex fall: India’s GDP growth slows to 5.4% in Q3 of FY22, Crude oil price at $116 a barrel

Nifty and Sensex down

Today a sharp fall has been seen in the Indian stock market. Nifty is down by 1.12% and Sensex is down 1.38%. Due to the Russia-Ukraine crisis, crude oil prices have also crossed the mark of $ 116 per barrel. This level is at 7 year high, due to this there will be inflation and … Read more

Two-wheeler stocks fall, February 2022 sales numbers lower than expected

Two-wheeler stocks fall

Today there is a decline in the stock prices of two-wheeler companies. Today, the sales numbers of two-wheeler companies for the month of February 2022 were announced, which is less than expected. The share price of Bajaj Auto is down 4.48% to Rs 3372.30, Eicher Motors’ share price down 3.15% to Rs 2508.10, Hero Motocorp … Read more

What is Semiconductor and global semiconductor industry market size

semiconductor

In this article, you will know what is a semiconductor and global semiconductor industry market size. What is semiconductor A semiconductor is called such components which are needed in every electronic item such as TV, AC, mobile, laptop, refrigerator, washing machine, car, airplane, etc. A semiconductor is used in all electronic items. Even solar cells … Read more

Apollo Hospitals to replace Indian Oil in Nifty 50 from March 31, share price up 7.55%

Apollo Hospitals share price up 7.55%

Today the share price of Apollo Hospitals Enterprise was trading up almost 7.55% at Rs 4,648.00. The National Stock Exchange (NSE) has announced that the stock of Apollo Hospitals Enterprise will be included in the Nifty 50 benchmark index from March 31, 2022. Apollo Hospitals Enterprise will become the first-ever health care services company to … Read more

Nifty and Sensex down 3.4% as Russia-Ukraine crisis, Moscow Exchange suspended trading, crude oil prices at 7-year high

Nifty and Sensex down 3.4% as Russia-Ukraine crisis, Moscow Exchange suspended trading, crude oil prices at 7-year high

Today both Nifty and Sensex are down 3.4% in pre-opening. Sectoral indices such as Nifty IT, Nifty Bank, Nifty Auto, and Nifty Metal are also down over 3.5%. Russia’s President Putin has declared a military action in Ukraine. According to reports, there have been explosions at some places in Ukraine. US indices such as Dow … Read more

Nykaa shares rise 4% on settlement of litigation with L’Oreal

Nykaa shares rise 4% on settlement of litigation with L'Oreal

Today the share price of online beauty and fashion e-commerce platform Nykaa which is listed under the name of FSN E-Commerce Ventures Limited has gone up by more than 4%. The company had disclosed about one of its pending litigation with L’Oreal at the time of its IPO. The company said that the litigation with … Read more

InterGlobe Aviation shares fall 4% after IndiGo co-founder Rakesh Gangwal resigns from board

Airline (InterGlobe Aviation shares fall 4% after IndiGo co-founder Rakesh Gangwal resigns from board)

Today the share price of Interglobe Aviation, the parent company of leading Indian airline IndiGo in the early trade went down almost 4%. The company’s co-founder Rakesh Gangwal took the decision to resign from the company’s board. Where he was playing the role of a non-executive non-independent director. Rakesh Gangwal also said that he will … Read more

Airtel added 4.75 lakh mobile users, Vi 1.61 mn and Jio 12.9 mn lose subscribers: Trai Data

Airtel added 4.75 lakh mobile users, Vi 1.61 mn and Jio 12.9 mn lose subscribers: Trai Data

Recently Telecom Regulatory Authority of India (TRAI) released the latest subscriber numbers of telecom companies. According to TRAI’s recent data release, in the month of December 2021, Reliance Jio lost approximately 1.29 crore wireless subscribers. In the same period, Bharti Airtel gained 4.75 lakh subscribers and Vodafone Idea lost 16.14 lakh subscribers. Below you can … Read more

Tata Motors stock up 3%, Partnership in Jaguar and Nvidia to deliver automated driving systems

electric vehicle

The share price of Indian Automobile giant Tata Motors had gone up almost 3% today. Tata Motors subsidiary Jaguar Land Rover (JLR) has signed a multi-year long-term strategic partnership with Nvidia, the world’s largest graphic and AI chips producer. Nvidia said that from 2025 all Jaguar Land Rover (JLR) vehicles will be built on the … Read more