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Market Updates - Angel One

L&T Technology Services partners with Google Cloud!

L&T Technology Services partners with Google Cloud!

7 November 2023

The Indian headline indices concluded the trading session flat, recovering from losses recorded earlier in the day. The BSE Information Technology index experienced slight fluctuations, with modest gains and losses during the trading session. There was a noticeable increase in buying interest for shares of L&T Technology Services Ltd (LTTS), a leading global provider of …

Import and export: A key driver of the country’s economic growth

Import and export: A key driver of the country’s economic growth

7 November 2023

International trade is a complex and under continuous revolution, but at its core, it revolves around two fundamental processes called the import and export of commodities. These two forces work in tandem to drive economic growth, enable international relations, and meet domestic demand for various products. Imports: Accessing the World’s Bounty Imports are goods or …

India’s first ever 50-year bond garners strong investor response

India’s first ever 50-year bond garners strong investor response

7 November 2023

India recently made a significant mark in the world of finance by introducing its first-ever 50-year bond. This strategic move is part of the Indian government’s broader efforts to revamp its borrowing profile. Prior to this groundbreaking issuance, the longest-tenor government bond available in India was the 40-year paper, which had a cut-off yield of …

Reliance Industries’ telecom arm unveils India’s First Satellite-Based Gigabit Broadband Service

Reliance Industries’ telecom arm unveils India’s First Satellite-Based Gigabit Broadband Service

27 October 2023

At 12:30 pm, Reliance Industries shares were trading at Rs 2262.15, up by 1.61% from its previous closing of Rs 2226.20 on the BSE. Reliance Industries’ telecom arm, Reliance Jio Infocomm (Jio), has successfully demonstrated India’s first satellite-based gigabit fiber service to provide high-speed broadband services to previously inaccessible geographies within India. Jio showcased its …

Elevating India’s Agriculture: Historic MSP Increase Fuels Farmers’ Prosperity

Elevating India’s Agriculture: Historic MSP Increase Fuels Farmers’ Prosperity

19 October 2023

In a groundbreaking move aimed at transforming the agricultural landscape of India, the Cabinet Committee on Economic Affairs, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, has approved a momentous increase in Minimum Support Prices (MSP) for all mandated Rabi Crops for the forthcoming Marketing Season 2024-25. The government’s resolute commitment to …

Why Tejas Networks’ Latest News Deserves Your Attention Today

Why Tejas Networks’ Latest News Deserves Your Attention Today

18 October 2023

Tejas Networks Ltd, headquartered in India, is a globally recognized R&D-driven telecommunications equipment company. Specializing in the design, development, and manufacturing of cutting-edge optical and data networking products, Tejas Networks serves a wide range of clients, including telecom service providers, utility companies, government agencies, and defense networks. Press Release Digest: Key Highlights for You FibreConnect, …

Historic Contract: India’s First Coast Guard Training Ship by Mazagon Dock

Historic Contract: India’s First Coast Guard Training Ship by Mazagon Dock

18 October 2023

In a momentous event that unfolded on October 17, 2023, the Ministry of Defence orchestrated a groundbreaking contract that promised to reshape the horizon of maritime training for the Indian Coast Guard (ICG). Nestled in the heart of New Delhi, this pivotal agreement, valued at Rs 310 crore, was inked with none other than the …

Empowering India’s Future: REC’s Digital Revolution Partnership with NICSI

Empowering India’s Future: REC’s Digital Revolution Partnership with NICSI

16 October 2023

In a groundbreaking move, the Rural Electrification Corporation Limited (REC), now a ‘Maharatna’ company under the Ministry of Power, has forged a visionary partnership with the National Informatics Centre Services Inc. (NICSI), a subsidiary of the National Informatics Centre (NIC) operating under the Ministry of Electronics & Information Technology, Government of India. This Memorandum of …

Infosys Faces Tax Penalty Setback

Infosys Faces Tax Penalty Setback

16 October 2023

In a rollercoaster of a day for Infosys, the stock opened with a thunderous gap-down on Friday, leaving investors jittery. But what followed was nothing short of remarkable. Infosys, like a phoenix rising from the ashes, fought its way back from the abyss, clawing its way to an intraday high of Rs 1438. It defied …

India’s Trade Overview: September 2023 Exports, Trends, and Projections

India’s Trade Overview: September 2023 Exports, Trends, and Projections

16 October 2023

The Indian economy, one of the world’s most dynamic and diversified, is experiencing significant shifts in its trade dynamics. In September 2023, India’s exports, particularly in merchandise, demonstrated both strengths and challenges. This blog post delves into the latest trade statistics, showcasing India’s trade deficit, sector-wise performance, and the trends that are shaping the country’s …

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