Market Highlights
Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.
July 01, 2022
- *“A 10% decline in the market is fairly common—it happens about once a year. Investors who realize this are less likely to sell in a panic, and more likely to remain invested, benefitting from the wealthbuilding power of stocks.”* Christopher Davis
- U/s 194S, 1% TDS need to deducted and paid while making payment to resident as consideration for transfer of Virtual Digital Asset. Threshold for TDS is 10K & 50K subject to conditions.
- From 1st July, Fine of Rs. 500 to be increased to Rs. 1000 if you fail to link PAN-AADHAR by today. #PAN #AADHAR
- If you failed to do KYC compliance for your Trading/Demat account with your brokers, from 1st July your account will be deactivated. You can do trading only after you complete your KYC.
- • India Key Industries’ Output Expands the Most in 13 Months
- • Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
- • India April-May Fiscal Deficit Reaches 12.3% of FY23 Target
- • India Banking Sector Health Improves as Bad Loans Hit 6-Yr Low
- o Bad loans ratio falls to 5.9% by March, against estimate of 9.8%
- o India Consumer Durables Loans Rise to Record in May
- • Pret A Manger to Expand Into India With Ambanis’ Reliance Brands
- • Blackstone Said to Weigh US Listing of $2 Billion Tech Firm IBS
- o IBS Software has filed confidentially for its US share sale
- • Keppel Ends Joint Venture to Develop India Residential Project
- • India Cumulative Monsoon Rainfall 8% Below Normal as of June 30
- • Global Funds Sell Net INR11.4B India Stocks on Thursday: NSE
- o Domestic funds buy net 13.8b rupees of stocks
- • Foreign Investors Sell Net INR3.09B of India Equities Wednesday
- • Ukraine Latest: US to Announce Another $800M in Defense Aid
- • 10:30am: S&P Global’s India Manufacturing PMI for June, prior 54.6
- • Bharti Airtel (BHARTI): CCI Approves Proposed Deal involving Google International, Bharti Airtel
- • Indus Towers (INDUSTOW): Bharti Airtel buys additional 2.06% stake in Indus Towers
- • Lupin (LPC): Gets U.S. FDA approval for ANDA Paliperidone ER tablets, a generic of Invega ER pills
- • Max India (MAXINDIA): Files petition with NCLT for sanction of Scheme of Reduction of Capital with its shareholder
- • Reliance Industries (RIL): Pret A Manger to Launch Operations in India With Reliance Brands
- • Union Bank of India (UNBK): Shareholders approve capital raising of about INR81b