Stock Market Updates - Angel One

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TV18 & E18 to merge with Network18 – Media Sector Mega-Merger

7 December 2023

As the wedding season brings joy and celebration, the corporate world is not far behind, with the biggest merger announcement grabbing the spotlight. This time, it’s none other than the formidable Reliance Group making waves in the media landscape. In a strategic move, Network18 Media and Investments Ltd., a part of the Reliance Group, has …

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India-EU sign MoU on semiconductors: Paving the way for global dominance

6 December 2023

In the fast-evolving landscape of global technology, semiconductors play a pivotal role as the backbone of modern industries. The recent Memorandum of Understanding (MOU) between the Government of the Republic of India and the European Commission marks a significant milestone in fostering international collaboration in the semiconductor ecosystem. This article explores the key elements of …

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Beyond the Grid: Navigating India’s Thermal Power Boom

6 December 2023

In the heart of India’s burgeoning energy landscape, the recent interaction between Union Power and New & Renewable Energy Minister Shri R. K. Singh and industry stakeholders unveiled a strategic vision for thermal power capacity expansion. This financial odyssey, fueled by a commitment to meet the nation’s escalating power demands, beckons investors and industry players …

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Mankind Pharma: Investors Felt The Jitter Amid IT Department Raids

11 May 2023

On Thursday, all eyes were on the newest listed stock on the bourses i.e., Mankind Pharma as it continues to make headlines. The unpredictability of its movements had investors both thrilled and nervous, as they eagerly await the next twist in its story.    It was a rollercoaster of a day for investors of Mankind …

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Persistent Systems expands in Europe, Open Office in Poland

22 May 2023

Persistent Systems recently inaugurated its first office in Poland to expand its nearshore capabilities in Europe. The office is situated in Kraków, this new office will be the latest addition to the company’s growing global delivery network. This delivery center will play a crucial role in driving digital transformation for clients across industries and provide …

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Market Mystery: Surprising figures in NSE

12 October 2023

Did you know that the U.S. stock market and India’s NSE are worlds apart in many ways? Join us as we uncover fascinating insights, including a jaw-dropping revelation about one tech giant’s daily trade that could leave you wide-eyed. Recent Trends in the NSE Unlocking NSE’s Near-Monopoly: The F&O Trading Revolution The National Stock Exchange …

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India’s economic landscape: Resilient growth amidst global headwinds

1 December 2023

The global economy contends with the dual challenges of inflation and diminished growth prospects. Immediate uncertainties lean towards the downside, encompassing geopolitical tensions post-Hamas’ attacks on Israel and the potential magnified impact of monetary policy tightening. Conversely, a more positive trajectory could unfold if households opt to deploy a significant portion of the savings amassed …

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Freshworks first Indian SaaS firm to get Nasdaq listing; m-cap hits $12 billion

23 September 2021

Software firm Freshworks on Wednesday became the first Indian SaaS firm to get listed on Nasdaq, the American stock exchange when it launched a $1-billion-dollar initial public offering. The company is a software-as-a-service firm and is based in San Mateo, California although it has a significant staff in Chennai. The Indian SaaS company’s debut on …

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Festive vehicle sales in India surge to record high

1 December 2023

Vehicle sales in India during the 42-day festive period surged 19% to a record high of 37.93 lakh units. This is a significant increase from the 31.95 lakh units sold during the same period last year. Vehicle sales growth All segments of the auto industry saw growth during the festive period, with two-wheelers, three-wheelers, commercial …

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Aurobindo Pharma arm gets USFDA’s approval for Budesonide Inhalation Suspension

30 November 2023

At 2 pm, Aurobindo Pharma shares were trading at Rs 1,038, up by 1.65% from its previous closing of Rs 1,021.15 on the BSE. Receiving USFDA approval  Aurobindo Pharma’s wholly owned subsidiary, Eugia Pharma Specialities has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Budesonide Inhalation Suspension, 0.5 …

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