Latest Updates Around The World
India’s consumer sector is showing early signs of recovery, with demand trends gradually improving across most categories in Q3’26. Overall sector performance remained healthy, with revenue and EBITDA growth of 17% and 15% year-on-year respectively, supported by a low base and improving consumer sentiment. Even on a normalized basis (excluding high-growth discretionary segments), underlying growth […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
Quarterly earnings from October to December are expected to post the highest growth in eight quarters on the back of an improved earnings environment, with the Nifty likely to post 8% year-on-year growth, Motilal Oswal Financial Services (MOFSL) said. Meanwhile, profits of companies within MOFSL’s coverage universe can report 25% year-on-year growth.Excluding financials, earnings for […]
Indian shares closed higher on Wednesday on the last trading day of the year, with the Sensex and Nifty recovering after five and four straight sessions of losses respectively, as buying returned to metal stocks following the government’s decision to impose a three-year safeguard duty on select steel imports, among other factors supporting the rally.The […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
Shares of Tata Group heavyweight Titan Company rose nearly one per cent to an intraday high of Rs 4,015 on Monday as investor sentiment strengthened ahead of the opening of its first-ever lab-grown diamond store in Mumbai under the new brand beYon. With today’s rise, the stock has risen for the second session in a […]
Shares of Titan Company rose over 2.5% intraday on Friday to hit a new 52-week high of Rs 4,008 after the company formally announced the launch of a new women-centric lifestyle brand, ‘beYon – from the House of Titan’.The first beYon store will open in Mumbai on December 29. “We would like to share that […]
India’s consumer sector posted a steady but uneven performance in the September quarter, marked by category-level differences but anchored by improved demand visibility ahead of the festive season and winter.Total revenues for the sector rose 8% in Q2 2026, while EBITDA growth remained modest at 4%, due to temporary disruptions in core products and margin […]
Nifty’s 4% rally over the past three months has more scope to grow, says Prabhudas Lilladher (PL), who estimates the heartbeat index to reach its target of 29,094 in the next 12 months, implying 11% growth from current levels. PL has revised its targets upwards from 28,781, believing that economic momentum will pick up from […]
The Indian market ended the session just shy of record highs on Thursday, with shares of Reliance Industries leading the way, while a strong quarterly earnings report revived investor confidence in the prospects for a broader market recovery.The S&P BSE Sensex rose 446 points (0.52%) to close at 85,632.68, while the NSE Nifty 50 gained […]
