Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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January 07, 2022

• • India to Spend $1.6 Billion to Add Lines to Transmit Green Power
• • Cabinet Approves INR120B for Green Energy Corridor Phase-2
• • India To Review Foreign Investment Rules for Proposed LIC IPO
• • Asia’s Richest Man Invests $200 Million in E-Commerce Startup
• • Ola to Reopen E-scooter Sales Window Soon, Founder Says
• • OIL DEMAND MONITOR: India, Spain Use More Gasoline Than 2019
• • Tax Break Triggers Record High Solar Imports in India: BNEF
• • Global Funds Sell Net INR19.3b of India Stocks on Thursday: NSE
• o Domestic funds buy net 8.01 billion rupees of stocks
• • Foreign Investors Buy Net INR5.92B of Indian Equities on Jan. 5
• • Foreigners Buy Net INR98.9b of India Equity Derivatives Thursday
• • Saudis Cut Oil Prices for Asia as Supply Rises and Virus Spreads
• • India Targets Fiscal Deficit of 6.3%-6.5% of GDP for FY23: Rtrs
• • SC to hear matters in virtual mode from Friday amid rise in COVID-19 cases: PTI
• • SC to hear Friday plea related to breach in PM’s security in Punjab: PTI
• • Byju’s Is Looking to Buy Majority Stake in Zee Learn: CNBC-TV18
• • 5:30pm: India GDP FY22 annual estimate YoY; est. 9.5% (prior -7.3%)
• • Adani Enterprises (ADE): Says won NTPC contract to supply 1m tons coal
• • Godrej Consumer (GCPL): Sees margin squeeze in 3Q marred by cost rise; expect consolidated sales growth in close to high single-digit
• • NHPC (NHPC): In pact with Gedcol for 500 mw floating solar projects
• • Reliance Industries (RIL): To own 25.8% of Dunzo with $200m investment
• • Sundaram Multi Pap (SMUL): Wins order for 9,000 educational content permits
• • Titan Co. (TTAN): Says consumer businesses grow 36% Y/y in 3Q; Jewelry segment grew 37% y/y; watches and wearables grew 28%
• • Zee Learn (ZLL): Spring Ventures buys 5m Zee Learn shares in bulk deal