Introduction In the recent stock market shutdown, the Indian stock market witnessed a significant gain, with the Sensex closing up by almost 500 points and the Nifty up by 140 points. This surge in the market was fueled by the strong performance of various sectors, including Auto, Metal, and Bank. Notable companies such as RIL,…
Introduction Tata Motors has achieved remarkable growth in its passenger vehicle (PV) sales, in the dynamic and ever-evolving automobile industry. In the month of June 2023, Tata Motor witnessed a significant increase of 8% in its PV sales compared to the previous year. Moreover, its domestic sales showed a marginal rise of 1% during the…
Introduction GST: In June 2023, India witnessed a remarkable increase in its gross GST (Goods and Services Tax) revenue, with a growth rate of 12% compared to the previous year. The total GST revenue collected in June 2023 amounted to a staggering 1,61,497 crore. Among the various components of GST, the State Goods and Services…
Introduction In the upcoming week, the primary market will witness the launch of two main board initial public offerings (IPOs): ideaForge Technology and Cyient DLM. These IPOs are expected to make a significant impact on the market, attracting investors and generating substantial funds. This article provides comprehensive information about these public offerings, including their grey…
Introduction Sensex ended the day down 260 points, or 0.41 percent, at 62,979.37, while Nifty lost 106 points, or 0.56 percent, to end the day at 18,665.50. BSE midcap decreased by around 3 lakh crore in a single day. Domestic equities suffered As investors remained worried about sticky inflation, rate rises, and their influence on…
