Daily Stock Market News Snippets- 15 April 2022

1 min read

1) The US Markets were down by 0.33% to 2.14%.

2) The Brent Crude Oil prices are currently around $111 per barrel.

3) The US 10-Year G-Sec Yield rate is currently trading at 2.83%.

4) Elon Musk launches a $43 billion hostile takeover of Twitter.

5) Holcim considering the potential sale of India’s $9.6 billion including Ambjua Cements.

6) M&M hikes vehicle prices by 2.5% as commodity prices surge.

7) BlackRock led consortium to invest Rs. 4,000 Cr. in Tata Power Renewables.

8) India’s Demat Account tally was up 63% to 8.97 Cr. in FY22.

9) IMD expects a normal monsoon for the fourth straight year.

10) OYO hits weekend with over 3 Lakh bookings, surpasses New Year’s bookings.

11) EaseMyTrip reported handsome air ticket bookings for summer, Good Friday weekend up by 50%.

12) HUL to take another round of price hikes in April 2022 on account of rising inflationary pressure.

13) Tata Neu app downloads hit the 22 Lakh mark in a week. The company is eying financial services like micro-financing, micro-insurance, BNPLs, etc.

14) The PHD Chamber of Commerce and Industry said that Foreign Direct Investment (FDI) may touch $100 billion in FY23.

15) Foreign Portfolio Investors (FPI) allocation at the end of FY22 as per sectors are as follows Oil & Gas- 13.2%, up by 24% YoY, Power-4.4%, up by 1.8%, IT Sector- 14.7% increased by 1%, Banking, and Financial Service- 29.1%, reduced by around 4.3%.

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