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Today's Stock Market News - 06/05/2022 | Parimal Ade



Published
Face2Face Investing Masterclass by Parimal Ade
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Key Points Covered:
00:00 Introduction
01:22 US Markets Down (-3.12% & -4.99%)
02:49 Bank of England flagged a possible recession & double digit inflation.
03:33 Brent Crude @ $110
03:42 Oil prices rose after after OPEC only modestly hiked production targets
05:27 US 10 year G-Sec Yield @ 3.04%
06:05 India 10 year G Sec Yield @7.40%
06:34 LIC IPO fully subscribed on day 2 of opening.
07:14 Banks start raising their lending rates for external benchmark loans
08:32 Tata Motors bets on electrification in small CV's, drives in e-version of Ace- Bags
order of 39,000 units from e-com players
09:58 45% growth in active internet users in Rural India since 2019.
11:01 Government targets 18000km highway construction in FY 23, at 50 km/day: Nitin Gadkari.
13:35 E-way bill generation dips in April ; may hit May's GST collection
- 75.2 Million e-way bills in April as compared to
78.1 Million e-way bills in Mar'22
14:25 Central Bank of India set to close 13% of its branches (600 Branches).
15:21 EdTech firm Vedantu lays off 200 employees.


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