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Market Updates - Angel One

Asian Shares Flourish Amidst Volatile Trading

Asian Shares Flourish Amidst Volatile Trading

25 March 2022

On Friday, 25 March 2022, Asian shares geared up for a 2nd consecutive week of profits, although the market was choppy amidst displacements in Chinese economic policies, tight US monetary policies, and commodity market disturbances due to the Ukraine-Russia war. If you are looking for stock market news and updates on Asian markets and shares, …

Oil Drops More Than 8%, Now Trading Below $100 a Barrel

Oil Drops More Than 8%, Now Trading Below $100 a Barrel

16 March 2022

Oil prices fell more than 6% on Tuesday, to their lowest level in over three weeks, after Russia said it would enable the Iran nuclear agreement to be revived, and traders were concerned that China’s pandemic lockdowns would stifle demand. For the first time since late February, both Brent and US oil futures benchmarks fell …

US Inflation Hits Fresh 40-year High of 7.9% on Rising Fuel

US Inflation Hits Fresh 40-year High of 7.9% on Rising Fuel

11 March 2022

The surging cost of housing, gas, and food has catapulted to 7.9% inflation in the past year. Since 1982, this has been the sharpest spike and forewarning of further rise of prices. But even before the Russia-Ukraine war accelerated the price hikes, in four decades, the inflation in the United States reached its highest levels. …

PNB Housing Fin climbs 3% as the company reveals intentions to raise money

PNB Housing Fin climbs 3% as the company reveals intentions to raise money

7 March 2022

PNB Housing Finance share Price rose over 3% in early trading on Monday, despite benchmark indexes falling under the weight of rising crude oil prices, as investors hailed new initiatives to acquire cash. After a failed effort to raise Rs 4,000 crore by selling a share to Carlyle Group last year, the mortgage lender’s board …

HDFC and LIC in Discussions to Raise INR 10,000

HDFC and LIC in Discussions to Raise INR 10,000

7 March 2022

A Brief Overview Unless you have been living under a rock, you must be familiar with the Life Insurance Corporation of India’s initial public offering (or IPO). This IPO is set to be the largest the country has ever witnessed. It will see the government selling stock to the public on behalf of the insurance …

EPFO Makes Investment on Top-Rated PSU Bonds; Get All Details Here!

EPFO Makes Investment on Top-Rated PSU Bonds; Get All Details Here!

4 March 2022

The EPFO (Employees’ Provident Fund Organisation) has invested Rs. 10,000 crores (minimum) in top-performing public sector undertaking bonds that include NABARD (National Bank for Agriculture and Rural Development), Hindustan Petroleum, and Indian Oil. Some of these have proposed rates up to 9 basis points lower than identical maturity government bonds. Keep reading to know the …

Oil Prices Cross $110 Per Barrel

Oil Prices Cross $110 Per Barrel

4 March 2022

Russia’s attack on Ukraine has soared the prices of oil and regional commodities. With the market spinning wildly, the investors are trying to gauge the amount of impact these two significant forces will have. On Wednesday, 2 March 2022, the US oil prices crossed $110 per barrel for a brief period, but other markets and …

News Wrap Feb 28: 5.4% GDP Growth, Madhabi Puri Buch to head SEBI

News Wrap Feb 28: 5.4% GDP Growth, Madhabi Puri Buch to head SEBI

3 March 2022

The Indian economy witnessed a 5.4% growth during the period of October to November 2021 as per the GDP data released on Monday. Madhabi Puri Buch was appointed to take charge of the Securities and Exchange Board of India for three years, beginning from 1 March 2022. She becomes the first woman to head SEBI …

LIC Being Privatised? 1.20 Lakh LIC Employees Call for a Strike

LIC Being Privatised? 1.20 Lakh LIC Employees Call for a Strike

2 March 2022

Prior to the much-awaited LIC IPO, AIIEA (All India Insurance Employees Association) proceeded with a nationwide strike on Sunday, 13 February 2022. Keep reading to get more details on this matter! Do They Fear Privatisation? Although LIC IPO will undoubtedly be the country’s greatest-ever, it’s a step towards its privatisation which might compromise the interests …

Ukraine-Russia War: Know How GDP Estimates, Auto Sales Number, PMI Data Will Dominate

Ukraine-Russia War: Know How GDP Estimates, Auto Sales Number, PMI Data Will Dominate

1 March 2022

According to analysts, the crisis due to the Ukraine-Russia war will remain in the limelight in the upcoming few weeks. Moreover, the special energy prices of Russian forces that target fuel facilities and airfields in specific will dominate the stock market. Learn about it in detail in the following sections.  Analysis of the Market Condition …

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