The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Mumbai: Tube Investment, ABB India, Varun Beverages, , and are among the stocks likely to enter the MSCI India Standard index as part of the gauge’s November 2022 semi-annual review, IIFL Securities said. Global index services provider MSCI will announce the changes to its Indian indices on November 10, while the adjustments will take place … Read more
Mumbai: Chemical producers may post moderate profits in the June quarter, but investors could consider buying some of the beaten-down names in the sector. SRF, , , , , , , and are among analysts‘ top picks in the sector. Shares of various chemical companies have been under pressure in recent months on account of … Read more
Indian market snapped a 3-day winning streak on Monday to close marginally in the red following muted global cues. The S&P BSE Sensex was down by nearly 100 points while the Nifty50 managed to hold on to 16,200 levels. Sectorally, buying was seen in power, utilities, oil & gas, energy, and metals while some selling … Read more
New Delhi: Domestic equity markets settled lower on Tuesday, tracking a dull mood in the global markets as investors cautiously awaited the US inflation data. Selling pressure in private lenders also weighed on the market mood. The 30-share pack Sensex shed 112 points or 0.19 per cent to close at 60,433. Its broader peer NSE … Read more