Share Market Insider

663 pt fall in Sensex, Nifty fall 218 pt- Indian Stock Markets Plunge on Weak Earnings and Foreign Outflows: What’s Next for Investors?

663 pt fall in Sensex, Nifty fall 218 pt

The Indian equity markets extended their recent downward trend today, as disappointing earnings reports from several major players and foreign institutional selling fueled a fifth consecutive day of losses. The benchmark indices, Sensex and Nifty, fell sharply, with the Sensex closing down by 663 points (0.83%) at 79,402, and the Nifty losing 218 points (0.9%) … Read more

Zomato and Swiggy Raise Platform Fees: Analyzing the Impact on the Indian Food Delivery Market and Investor Sentiment

Zomato and Swiggy Raise Platform Fees

Market Overview In a recent move, Indian food delivery giants Zomato and Swiggy announced increased platform fees, raising the cost to Rs 10 per order from previous rates of Rs 6 and Rs 7, respectively. This strategic adjustment comes as both companies anticipate a spike in order volumes during India’s festive season, aiming to offset … Read more

Diwali 2024 Stock Picks: Insights on Key Market Movers for Samvat 2081

Diwali 2024 Stock Picks

As we step into Samvat 2081, the Indian stock market has made history in September 2024, with the Nifty 50 crossing 26,250 and the BSE Sensex soaring past 85,900. Both indices gained around 25% in Samvat 2080, driven by a broader market rally. The BSE MidCap and SmallCap indices surged even higher, posting gains of … Read more

India Imposes Anti-Dumping Duties on Chinese Imports: What Investors Need to Know

Chinese Imports

Market Overview India’s recent decision to impose anti-dumping duties on five key products imported from China is a significant development that could reshape the landscape for various sectors in the country. The products affected include isopropyl alcohol, sulfur black, cellophane transparent film, thermoplastic polyurethane, and unframed glass mirrors. These duties are set for a period … Read more

Paytm’s UPI User Onboarding Approval: Implications for the Digital Payments Landscape

paytm

Market Overview In a significant development for the fintech sector, Paytm has received the green light from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This approval comes nearly nine months after the Reserve Bank of India (RBI) imposed restrictions on Paytm Payments Bank Ltd. (PPBL), hindering its … Read more

Stock Market Update: What to Expect from the Indian Markets for the Week of October 21-27, 2024

Stock Market Update: What to Expect from the Indian Markets for the Week of October 21-27, 2024

What to Expect from the Indian Markets for the Upcoming Week of October, As we move into October 21-27, 2024, the Indian stock market is gearing up for a regular week of trading. Investors can expect uninterrupted market sessions with no scheduled market holidays except for the weekend break on October 26 and 27 (Saturday … Read more