Tweet

Groww

Follow @_groww

24 Jun, 8 tweets, 2 min read

Today: Reliance AGM, S&P’s cuts India’s growth forecast, Shyam Metalics listing debut, & more

The markets closed in the green today with both Sensex and Nifty closing up by around 0.6%.

IT and banks performed well today while energy, realty, and pharma sectors fell today.

Retail shareholders have made 4x returns in just one year on their rights shares

Reliance welcomed Saudi Aramco as a strategic partner.

RIL to invest around ₹75,000 cr in the new energy business.

Reliance in collaboration with Google announced ‘JioPhone Next’ - the most affordable smartphone.

Reliance Jio to partner Google Cloud for 5G.

Jio is doing a trial run with Facebook to integrate JioMart.

The shares of Shyam Metalics listed at ₹380 per share on the NSE which is a 24% premium from the issue price of ₹306 per share.

Shyam Metalics listed at ₹367 on the BSE, 20% premium.

The shares of Sona Comstar listed at ₹302.4 per share on the BSE which is a 4% premium to the issue price of ₹291 per share.

Sona Comstar listed at ₹301 on the NSE, a 3.4% premium.

S&P Global Ratings cut India's GDP forecast for the FY 2021-22 to 9.5% from 11%.

The global rating agency has warned India against the forthcoming waves.

The Indian Pesticides IPO was subscribed 3.79 times on day 2 of bidding.

The IPO received 7.32 crore shares against an offer size of 1.93 crore shares.

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @_groww

Groww

@_groww

27 Jun

In the late 1930s, much of Southeast Asia were European colonies.

The Dutch, the English, and the French, mostly.

The modern-day country of the Philippines was controlled by the USA.

Now, this period in the history of the world is extremely dark.

To truly understand why something happened the way it did, you’d have to turn around and investigate farther back in history.

We won’t be doing that today.

We’ll simply take it from a certain point in time because we have a specific lesson to learn from it.

So, back to the late 1930s.

The US and Japan were against each other.

Read 26 tweets

Groww

@_groww

25 Jun

Today: Aadhaar-PAN link date extended, PMC restrictions to continue, IPO and Q4 results corner, & more

The markets closed in the green today with cues from the Asian and US markets.

The government has yet again extended the last date to link your Aadhaar and PAN card to Sept 30 from June 30, 2021.

In case you fail to do so, your PAN will become invalid.

Read 6 tweets

Groww

@_groww

13 Jun

In the 1950s, the Korean War was in full swing.

The North Koreans had taken over South Korea.

The USA wanted to help the South Koreans fight back.

This was just after the Second World War.

The USA was still in control of Japan and they urged the Japanese to fulfill an urgent requirement of theirs. They needed small off-road SUVs.

Toyota stepped in and made a vehicle that looked oddly like the Jeep used by the American troops in World War.

These vehicles were absolutely dependable. They loved it.

Once the war over, Toyota realized they had a good product on their hands. They started selling these cars to civilians too.

Read 25 tweets

Groww

@_groww

11 Jun

Today: IIP surges in April, new Delta variant in UK more infectious, & more

The market opened in the green and climbed through the day.

Auto, IT, metal, and pharma stocks performing well today.

The British government said that the Delta variant that emerged from India is 60% more transmissible within households than the Alpha variant in January.

Read 6 tweets

Groww

@_groww

10 Jun

Today: ICRA projects India GDP at 8.5%, cases drop in India, & more
#GrowwDigest

The market opened in the green and climbed through the day.

ICRA Ratings, a credit rating agency, expects India's GDP at 8.5% for the financial year 2021-22.

This is due to a continuous fall in active cases and the opening up of lockdowns in several parts.

Read 5 tweets

Groww

@_groww

8 Jun

Today: Franklin penalized, major websites down, & more

#GrowwDigest #markets #investing

The markets closed slightly below today with banking, financial, and metal stocks underperforming.

Sebi has barred the Franklin Templeton AMC from launching new debt funds for the next 2 years.

According to Sebi, serious violations were conducted by the management of the company.

Read 5 tweets

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!