Mumbai: Fast-moving consumer goods (FMCG) were among the top losers in Monday’s trading after Godrej Consumer Products said it anticipated muted demand in its third-quarter business update. Investors must brace …
FMCG’s reputation as a defensive sector has received some serious hammering with stocks falling by up to 21% in the last three months amid muted Q2FY25 earnings, nagging inflation and …
“Also, the marriage season is going to be better and that will help a lot of the discretionary demand in terms of gifting, in terms of paints, etc. So, we …
Shares of FMCG company Marico shot up 9.3% to an intraday high of Rs 687.30 on the BSE after the company on Tuesday reported a 20% in consolidated net profit …
“The demand environment, particularly in the US, could improve, especially if interest rate cuts, which have already been implemented globally, continue and we see rates heading downward,” says Devang Mehta, …
“I think the broader call one will have to take only post getting the clarity on the earnings picture. But my overall view is that the Nifty or the largecap …
The NSE Indices Committee has announced the September 2024 rejig, impacting several major indices, including Nifty 50, Next 50, Nifty 100, and Nifty Bank. These changes will lead to significant …
ET Intelligence Group: India’s neighbouring countries such as Bangladesh, Sri Lanka and Nepal have been traditional frontier markets for Indian consumer goods companies. However, political or economic turmoils in these …
Domestic markets exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. In today’s trade, shares of SBI, Airtel, ONGC, Titan, Infosys, JSW Steel, IDBI Bank among …
DHARMESH SHAH, HEAD OF TECHNICALS, ICICI SECURITIESWhere is Nifty headed this week?We expect Nifty to continue trade with a positive bias and gradually head towards 24,700 by July end. Higher …