Latest Updates Around The World
Indian shares can finally turn an angle after months of downward revisions, according to Motilal Oswal Financial Services, which says that the worst profit reductions are probably left behind. The brokerage noted that “a better profit cycle, decent ratings and a base of underperformance formed the stage for potential up-move in market and valuation extension […]
New Delhi/Mumbai/Chennai: Car and two-wheelers Retailers are set at a record party this year and ranging by the first day sales of the Navratri festival that also coincides with the role of the Reduced Goods and Services (GST) rates. Leading car manufacturers such as Maruti Suzuki, Hyundai, Tata Motors and Hero MotoCorp, who have sweetened […]
Indian shares have been volatile in the past year, weighed by disappointing business profits, weak domestic consumption, high stock valuations, Trump’s tariff shocks and a weakening rupee. The government of India (GOI), however, has focused on new life for the demand for reduction in income tax in the budget, RBI’s rate reductions and liquidity support […]
The fast-moving consumer goods (FMCG) is braced for a crucial shift, because the GST 2.0 exclusion of the government will take effect on 22 September. Channel controls indicate that leading players move early to protect the shelf space, smooth up stock transitions and capture Trade Mindshare during the party season. After a long -term piece […]
Mahindra & Mahindra shares emerged as the striking profit in India’s auto sector after sweeping tax cuts under the new “GST 2.0” regime, with the shares that on Thursday up to 9% of chats as brokerages including Emkay Global, Motilal Oswal, and Icici immediately said M & M said devision. Finance Minister Nirmala Sitharaman announced […]
ACE investor Porinju against Veliyath bought 5 Lakh shares in Fratelli Vineyards in a few bulk deals on Thursday. The equity was purchased at a price of RS 109.70 each, which brought the deal size to RS 5.5 Crore. Shares of Fratelli Vineyards ended today at RS 109.70 on the BSE, witnessing a jump of […]
The newest GST reform from the government is a much needed step to revive the question, to relieve inflation and support the domestic sectors in the midst of global uncertainty, according to Radhika Gupta, MD & CEO of Edelweiss Mutual Fund. Speaking with et now, Gupta said that the move comes at the right time, […]
