Zepto Becomes India's First Unicorn of the Year 2023; Adani Group's Cash Reserves Soar to Record ₹42,115 Crore

Retail Inflation to Stabilize Within RBI's Comfort Zone as Vegetable Prices Ease

Market Summary

Closing Bell: Nifty below 18500, BANKNIFTY slips below 43800, on weekly expiry, Sensex tanks 190 pts, Financial services, and Private Banks slips.

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Market News

Jio Financial Services(+3.82%) Turns Green Recovers from Lower Circuit of 5% to Trade Higher 3% After Block Deal. 🧾🚀

Adani Group's Cash Reserves Soar to Record ₹42,115 Crore in Q1: Net Debt Ratio Hits Decade Low. 💸

Reliance(-0.46%) Net Debt Surges in FY23: Soars to Rs 37,500 Crore Due to Aggressive Capital Expenditure. 💸✔️

Sapphire Foods(+0.83%) Sees Share Price Drop: Promoter Sells 2.55% Stake, Stock Down 1.5% in Morning Trade. 🍕

Antfin Offloads 2.3 Crore Shares, 3.6% Stake in Paytm(-0.58%) via Block Deal. 🧾

Quick-Commerce Startup Zepto Secures $200 Million in Series E Funding, Valuation Soars to $1.4 Billion. 🚀💰

Astra Microwave(+2.18%) Products Hits 52-Week High: Stock Soars 8% Intraday on Rs 158 Crore Orders from DRDO, ISRO, and DPSUs. 🧾🚀

Vishnu Prakash R Pungulia's Maiden IPO Receives Robust Response: Oversubscribed 7.48 Times on Day 2. 🧾📊