Weekend Wrap: From Adani Enterprises to Bank of Baroda; Top news and market movers this week: 24 February 2023

Updated: 25 Feb 2023, 10:08 AM IST

TL;DR.

From top newsmakers to market performance, here's the market wrap for the week ended 24 February 2023.

Mumbai: A man walks past the BSE bull on the day of tabling of Union Budget 2023-24, at Bombay Stock Exchange in Mumbai, Wednesday, Feb. 1, 2023. With Budget announcements the 30-share BSE benchmark Sensex rose 1,000 points to touch an intra-day high of 60,1618 points but later pared down to 59,257, after dropping 450 points. (PTI Photo/Shashank Parade) (PTI02_01_2023_000222B)

Top News

1. As per data released by the Ministry of Finance, India’s direct tax collections surged by 24.09% to ₹15.67 lakh crore till February 10 for F.Y. 22-23.

2. EPFO issues guidelines to obtain higher pension for eligible employees under the EPS with the deadline of March 3, 2023.

3. Nippon MF, UTI MF and SBIMF have launched the NFOs for Nippon India Nifty G Sec Oct 2028 Maturity Index Fund, UTI Nifty SDL Plus Aaa PSU Bond Apr 2026 75:25 Index Fund and SBI Dividend Yield Growth. The NFOs closes on February 28, March 02 and March 06 respectively.