₹10 Stock Orders తో కుమ్మేస్తుంది | Jio IPO 13 Records కొల్లగొట్టింది Target ఇదే ! Govt Employees
Money Purse { మనీ పర్స్ } • 3 days ago
What This Video Is About
The video discusses the current market trends and updates, including the US Federal Reserve meeting and the recent listing of Jio's IPO. The market has been impacted by various factors, resulting in a positive close for the Sensex and Nifty.
Major Ideas Discussed
- The US Federal Reserve meeting is scheduled to take place, and the outcome is expected to have an impact on the market, with the Fed's decision on interest rates affecting the global economy.
- Jio's IPO was listed on the stock exchange, and the stock price rose positively, with strong demand from investors.
- The government announced a 3% hike in Dearness Allowance (DA) for its employees, effective from July 1, 2023.
- Punjab National Bank will close non-operational accounts with zero balance and no transactions in the last three years, requiring account holders to update their KYC and reactivate their accounts.
- Company results have been mixed, with Piramal Pharma showing a 20% year-on-year growth in revenue and a 15% growth in sequential basis, and Jio showing a 44% year-on-year growth in revenue and a 47% growth in EBITDA.
- The government approved a scheme to provide capital assistance to container manufacturing companies, aiming to promote the development of the industry in India.
What to Watch Next
The market is expected to remain volatile in the coming days, with investors advised to monitor the US Federal Reserve meeting outcome, company results, and government policies, including the DA hike and the scheme for container manufacturing companies.