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India's Wholesale Price Index (WPI)-based inflation in February 2023 fell to a 24-month low of 3.85 per cent, according to data released by the Commerce Ministry on Tuesday.   WPI inflation for February 2023 was the lowest since January 2021 when it was 2.51 per cent.   In...

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Moneylife Digital Team 02 September 2022
INDIAN MARKET TRENDS From 26th August to 1 September 2022, ML Small-cap Index and ML Micro-cap Index rose 3% each. ML Mid-cap Index rose 2%. ML Large-cap Index rose 1%. ML Mega-cap Index, the NIFTY and the Sensex ended flat.     FUND FLOWS Foreigners: Foreign...

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The Enforcement Directorate (ED) on Wednesday said it has attached 78 immovable properties and 16 movable properties valued at Rs 124 crore, which were in the possession of various persons and entities linked to the Chennai based Surana Group of Companies.   The action was taken in...

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IANS 21 September 2023
The Bombay High Court has granted bail to one of the accused in the 2018 Bhima Koregaon-Elgaar Parishad conspiracy case, Mahesh Raut and granted the National Investigation Agency’s plea to stay it for a week.   A Division Bench comprising Justice AS Gadkari and Justice Sharmila...

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In a relief, the Maharashtra government has slashed VAT on petrol and diesel by Rs 5 per litre and Rs 3 per litre respectively, Chief Minister Eknath Shnde announced here on Thursday.   This would entail a burden of Rs 6,000 crore on the state exchequer but will lead to reducing the...

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Moneylife Digital Team 14 January 2023
INDIAN MARKET TRENDS From 6th January to 13 January 2023, ML Mid-cap Index, the Sensex, ML Mega-cap Index and the NIFTY rose 1% each.  ML Small-cap Index and ML Large-cap Index ended flat. ML Micro-cap Index fell 1%.                                                                         ...

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On the Bombay Stock Exchange (BSE), 2150 stocks advanced, 1575 declined and 137 remained unchanged, with an advance decline ratio of 1.36, indicating a positive closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below:  

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Moneylife Digital Team 18 July 2023
On Tuesday, 1380 stocks advanced, 2054 declined and 114 remained unchanged, with an advance decline ratio of 0.67, indicating a negative closing of stocks in broader markets. Nifty reached yet another record high amidst some intraday turbulence. On the NSE, volumes were higher than usual. The...

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Moneylife Digital Team 03 August 2022
On Wednesday, the indices opened flat and ended with gain. On the National Stock Exchange (NSE), advance decline ratio was at 0.58 indicating negative closing of most of the stocks.   The trend of the major indices on Wednesday’s trading are given in the table below:  

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Moneylife Digital Team 23 June 2022
We had mentioned in Wednesday’s closing report that Nifty and Sensex remain under pressure. On Thursday, the indices opened higher and ended with gain. On the National Stock Exchange (NSE), 1,426 stocks advanced, 629 declined, and 80 remained unchanged with advance decline ratio of...

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Moneylife Digital Team 11 April 2023
On Tuesday, 2245 stocks advanced, 1303 declined and 111 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.72, indicating a positive closing of stocks in broader markets.   The trend of the major indices on Tuesday’s trading is given in the table...

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Moneylife Digital Team 07 August 2023
On Monday, 2025 stocks advanced, 1661 declined and 201 remained unchanged, with an advance decline ratio of 1.22 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Strong results in the pharma and IT industries helped the Indian market start the...

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Moneylife Digital Team 12 December 2022
On Monday, major indices ended flat. On the Bombay Stock Exchange (BSE), 1,815 stocks advanced, 1,773 declined, and 198 remained unchanged with advance decline ratio of 1.02 indicating neither strength nor weakness in the broader market.   The trends of the major indices in the course...

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IANS 02 February 2023
The Supreme Court on Wednesday directed WhatsApp to give wide publicity in the media that users aren't bound to accept its 2021 privacy policy and also WhatsApp's functionality would not be affected till the new data protection bill comes into effect.   In May 2021, WhatsApp, in a...

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Gujarati singer and music director, Binny Sharma, has become the latest victim of an online fraud scam, resulting in the loss of his prized SUV worth a whopping Rs 40 lakhs.   The artist, known for his voice and performances, recently found himself entangled in a distressing ordeal...

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IANS 06 December 2023
The government on Wednesday said that it has blocked 100 websites involved in organised crime or task-based part time job frauds, after the Ministry of Home Affairs through its vertical National Cybercrime Threat Analytics Unit (NCTAU) identified them and recommended for the...

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Moneylife Digital Team 12 July 2022
We had mentioned in Monday’s closing report that Nifty and Sensex may try to resume rally. On Tuesday, the indices opened gap down and ended with loss. On the National Stock Exchange (NSE) advance decline ratio was at 0.72 indicating weakness in broader markets.   The trend of the...

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The national company law appellate tribunal (NCLAT) on Wednesday said that Google will have to pay the fine of Rs1,337.76 crore, imposed on it by the competition commission of India (CCI).   A two-member bench of the NCLAT directed Google to follow CCI's order and deposit the amount...

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Moneylife Digital Team 08 October 2022
INDIAN MARKET TRENDS From 30th September to 7 October 2022, ML Mid-cap Index and ML Small-cap Index rose 3% each. ML Large-cap Index as well as ML Micro-cap Index rose 2%. The Sensex, the NIFTY and ML Mega-cap Index rose 1% each.     FUND FLOWS Foreigners:...

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Moneylife Digital Team 27 September 2022
Markets regulator Securities and Exchange Board of India (SEBI) on Monday issued modalities for investment adviser applications, asking all the new and existing applicants to approach BSE Administration and Supervision Ltd (BASL) for registration-related activities.   In June 2021,...

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