Weekend Wrap: From Divis Labs to Yes Bank; Top news and market movers this week: 23 December 2022

Updated: 24 Dec 2022, 10:58 AM IST
TL;DR.

  • From top newsmakers to market performance, here's the market wrap for the week ended 9 December 2022.

The BSE Midcap index mirrored the Sensex, falling 2.73 percent while the smallcap index cracked 3.15 percent. REUTERS/Danish Siddiqui

Top News

1. India’s direct tax collections surged by 20% to 11.35 lakh crore till December 17 compared to 9.48 lakh crore for F.Y. 20-21.

2. GST collections for November 2022 stood at 1.45 lakh crore, a jump of 11% compared to the same month previous year.

3. IPOs of KFin Technologies and Elin Electronics got oversubscribed by 2.59 times & 3.09 times respectively.

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Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in.

First Published: 24 Dec 2022, 10:58 AM IST