Latest Updates Around The World
The US stock market is trading lower on Thursday after mixed earnings reports from Walmart and other major companies. The country is also feeling pressure from oil prices, which have risen due to renewed concerns about a possible conflict between the United States and Iran.The S&P 500 fell 0.4%, possibly heading for its first loss […]
FMCG major Britannia Industries reported a 17% year-on-year increase in December quarter consolidated net profit at Rs 680 crore, compared to Rs 582 crore reported in the same period a year ago. The profit after tax (PAT) accrues to the owners of the company.Operating income from operations stood at Rs 4,970 crore in Q3FY26, up […]
FMCG giant Hindustan Unilever Ltd (HUL) is expected to post a subdued performance in the September quarter as the recent GST rate cuts and prolonged monsoon disrupted sales momentum even as weak underlying demand and destocking weighed on volumes. According to an average of six brokers, HUL’s revenue is likely to grow only 1% year-on-year, […]
The Benchmark Indices of India, the Nifty and Sensex, broke an eight-day losing series, powered by profits in private banks, car and in stock. The Nifty rose 225.20 points, or 0.92%, to close to 24,836.30, while the Sesex 715.69 points or 0.89%added, which settled at 80,983.31. Indian stock markets remain closed today for Dussehra and […]
The Indian market ended lower on Friday, with the SENSEX and Nifty breaking a three -day winning series that was stimulated by the hope of interest rates of the US Federal Reserve and progress in trade discussions between New Delhi and Washington. The S&P BSE SENSEX fell 387.73 points, or 0.47%, to close to 82,626.23, […]
The India’s Spirits Market is on the rise as one of the most attractive consumer sectors, with premiumization trends that stimulate stronger growth and profitability compared to traditional FMCG categories, according to international broker Jefferies. Despite modest growth from middle to high at the general industrial level, the prestige and above (P&A) segment-the sweet spot […]
After almost two weeks of rebound, the session on Tuesday turned out to be a damper with sales pressure that the indices understood directly from the opening bubble. “What made it worse was the banking sector,” said Ajit Mishra, SVP – research at Religare Broking, in a conversation with ET now. “Private banks did not […]
Sumit Bhatnagar, fund manager at LIC MF, expects a small time correction in the market, but does not provide the Grand Prix. He anticipates a pick -up in business income, driven by consumption and increased Capex activities, which benefit sectors such as NBFCs, Cement and FMCG.Et now: looking at all these uncertainties, we have many […]
The Indian market ended on Friday in the Red, dragged down by a combination of weak global signals, persistent foreign fund expenses and renewed trade tensions after the US had imposed radical new rates on dozens of countries, including India. The BSE SENSEX Goots 585.67 points, or 0.72%, to close to 80,599.91, while the NSE […]
