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🚨Daily News Analysis🚨
1) Bulls March in the Market
- Entering the month of March 2023, the Indian Stock Market snapped its 8-day losing streak to end the day in green. SENSEX and NIFTY added 0.76% and 0.85% respectively.
2) SoftBank sells Delivery Stocks worth Rs 600 crore
- Japanese investment giant conglomerate Softbank Group plans to sell its stake in block deals totaling roughly Rs 600 crore in Delhivery, reports stated. The shares are expected to be offered at a 3-5% discount to the current market price.
3) Feb'23 GST collection rises 12% Y-o-Y
- The gross GST revenue collection in the month of February 2023 stood at Rs 1,49,577 crore, up around 12% on an annual basis. With this, the monthly GST revenues remained over Rs 1.4 lakh crore for 12 straight months in a row.
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