Market Updates - Angel One

Around half a dozen Indian startup unicorns are considering listing in foreign exchanges, including Paytm and EtechAces Marketing and Consulting, the parent company of both PolicyBazaar and PaisaBazaar. Companies informed they are awaiting clarity over guidelines from the Ministry Of Corporate Affairs and the revenue department regarding the same. They are looking forward to the …

The day the markets peaked to the 50-k mark also saw a steep sell-off on the back of not just profit-booking by some investors but also reports of a fire at the Pune location of the Serum Institute of India (SII), the maker of the coronavirus vaccine, Covishield. BSE Sensex was down 167.36 points closing …

History has been made as India’s BSE Sensex hits an all-time high summit of 50,000 on January 21, 2021. The Nifty too breached the 14,700-mark in a first.  This is a day that D-Street commentators and analysts were expecting since the start of the new year, as the markets rebounded from one of its worst …

The rise and fall of oil prices are crucial not just to the global economy but the markets as well. In India too, any change in oil prices is bound to have a ripple effect on the markets. Crude oil prices have been rising in the recent past; on January 19, crude oil prices stood …

As the world has begun its vaccine rollout, and India follows suit, there seems to be some light at the end of a long year of Covid-19 infections and rising death tolls. Vaccines have certainly been a triumph of modern science but they have had other impacts as well. The markets have been responding well …

All eyes are on Tesla, Elon Musk’s electric vehicle maker, as it makes an entry into India, as a fully-owned subsidiary in India, with a registered office in Bengaluru. This is the first step towards the company starting its India operations. Market analysts are watching the Tesla space closely, as it is bound to have …

It’s 1-0 in the battle between Telegram vs WhatsApp. Recently the massaging giant, WhatsApp revised its Terms of Use policy which raised concern among different segments of the population. But much before the recent controversy, several brokerage and advisory firms have shifted to Telegram because of its wider customer reach and better admin control.  In …

For a considerable part of 2020, gold price kept soaring. In the domestic market, the gold price even crossed Rs 50,000 marks for 10 grams of gold for the first time.  However, for the last few trading sessions, both gold and silver futures prices dipped significantly following global cue as dollar strengthens and economies showing …

The motor manufacturer, Eicher Motors’ share prices rallied during intraday after the company reported year-on-year growth of 37 percent growth in December 2020. Company’s motorcycle sales stood at 68,995 units against 50,416 units it sold during the same month last year.  COVID-19 has impacted the two-wheeler market like any other sector. However, growing aversion of …

In Tata Motors share news, company stocks jumped after the car manufacturer revealed sales figures for December 2020. The company registered 84 percent growth in the domestic passenger vehicles segment even with tepid demand in the pandemic-hit market. According to reports, the passenger vehicle segment of the company witnessed a steady growth during last year. …