Get The Daily Rip India

Stocktwits India – Weekly Roundup 🚀

The Indian Stock market was under massive volatility. But both Nifty and Sensex exhibited resilience and grew by 1.2%  and 2.4%, respectively, over the week. Midcaps (0.35%) and Smallcaps (1.73%) also had the same story. 

Most sectors closed in positive. FMCG (2.75%) and Pvt Banks (1.13%) were the top gainers. Metals (-8.55%)and Energy (-3.28%) were the major losers. The energy sector is making its second consecutive appearance among the major losers.

 What happened  📝

Adani Enterprises tanked 25% after they called off their Rs 20,000 cr FPO. On Friday, it dropped -35% intraday after being removed from Dow Jones Sustainability Indices. The stock rebounded from the lows (~50%) to end flat after Fitch and Moody’s retained their credit rating on Adani Group companies. 🚀

Tata Motors has increased car prices from Feb 1. 🚘

Hinduja Global will buyback 60 lakh shares at Rs 1,700 apiece; +30% from current levels. 💸

Ultratech Cement will buy a 70% stake in Oman’s DUQM Cement for $2.25 million. ✅

Britannia was the top gainer on Nifty after blockbuster Q3 results. 💯

ITC rallied +5% intraday to hit a new all-time high. 🚀

IDFC First Bank Promoters will invest Rs 2,200 cr in the lender. 💸

Overheard on Stocktwits

Budget 2023: Decoded 

Nirmala Sitharaman, The Finance Minister, presented the last budget of the Modi 2.0 government this Wednesday. Here are all the key takeaways and highlights of the Union Budget 2023 

Read More


Vijay Kedia’s portfolio review📝

We are covering the portfolio of one of the most prolific investors in India, Vijay Kedia. Here are his top 3 holdings:

Vijay Kedia holds a 2% stake in Tejas Networks, India’s largest telecom equipment manufacturer. His stake is valued at a whopping Rs 200 cr! Read about the rest of his portfolio holdings 👇

Read More

Stocktwits & Business Insider Leaderboard  🚀

Check out the Stocktwits x Business Insider Leaderboard to know the latest trade setups.

Check out the Leaderboard

How to use Stocktwits 📱

Here are a few features you should be using on Stocktwits that’ll help you make better investment decisions.

Read More

Top Stocktwits Content for the week 🔥

Click on the image to watch 📺 🍿