Introduction The Hindenburg-Adani controversy has been a significant topic of discussion in the global financial community, especially after the US-based short-seller, Hindenburg Research, made serious allegations against the Adani Group in January 2023. The controversy took a new turn when Hindenburg sought to link the chairperson of the Securities and Exchange Board of India (Sebi),…
The Nifty50 Index is more than just a list of the top 50 companies traded on the National Stock Exchange (NSE) of India; it’s a benchmark of the Indian economy. These companies are leaders in their respective industries, and their combined performance gives investors insight into the broader market. The Nifty50 is heavily relied upon…
Introduction State-owned Rail Vikas Nigam Ltd (RVNL) has recently reported its RVNL Q1 Results. Stock Crashes 5% After Railway PSU Posts 35% Decline in PAT for the financial year ending June 2024, and the numbers are less than stellar. With a 35% decline in Profit After Tax (PAT), the company’s stock plummeted by over 5%…
Introduction The Reserve Bank of India (RBI) recently announced its latest monetary policy decisions on August 8, 2024. These decisions, which include keeping the repo rate unchanged at 6.5%, have significant implications for the Indian economy. In this article, we delve into the details of the announcements, their impact, and what they mean for the…
Introduction Optical fiber stocks have experienced a significant rally recently, with notable gains observed across several key players in the industry. This surge comes ahead of the much-anticipated BharatNet tender opening, highlighting the pivotal role these companies play in India’s telecommunications infrastructure. Let’s delve into the details of this market movement and understand the underlying…
