The Indian FMCG sector is poised for a gradual recovery, although the immediate impact of GST rationalization may keep volume growth modest in the short term. Market expert Abneesh Roy from Nuvama Institutional Equities shared his insights on how the recent policy changes and festive demand are expected to shape the industry. Roy said, “We … Read more
The equity markets ended a volatile week with steep declines across several key indices, raising questions on whether it is the right time to buy into the dip. Speaking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com shared his outlook on sectoral trends, exporters, and domestic plays that could drive returns in the near term. … Read more
After nearly two weeks of rebound, Tuesday’s session turned out to be a dampener with selling pressure gripping the indices right from the opening bell. “What made it worse was the banking sector,” said Ajit Mishra, SVP – Research at Religare Broking, in a conversation with ET Now. “Private banks have not participated in this … Read more
“For disclosure, HUL and Asian Paints have been my top picks since the beginning of this year, and I have mentioned this on your channel before. The slowdown in consumption had been so severe that a recovery was inevitable at some point. First, we had income tax rates being revised upwards, leaving more money in … Read more
Shares of Hindustan Unilever (HUL), Samvardhana Motherson International, among 6 other companies, will likely remain in focus today as they begin trading on an ex-dividend basis from Monday, June 23, meaning today is the last day to purchase these shares to be eligible for the dividend. The record date is the cut-off set by the … Read more
Newsmakers of D-Street Indian benchmark equity indices traded lower on Thursday, pressured by heavyweight Reliance Industries and banking stocks. However, foreign inflows and hopes of easing U.S.-China trade tensions could help lift investor sentiment.At close, the 30-share BSE Sensex dropped 315 points to settle at 79,801.43 while the Nifty50 declined 82 points to 24,246.70.Here are … Read more
The fourth quarter earnings season is picking up momentum and on Thursday as many as 38 companies will announce their quarterly numbers. Key earnings to watch out include from HUL, Axis Bank, Nestle, SBI Life, Tech Mahindra, Persistent, Mphasis and LTTS. Tech Mahindra Q4 expectations For Tech Mahindra, fourth quarter profit growth will be strong … Read more
Domestic brokerage firm Motilal Oswal expects a muted earnings performance in Q4FY25, projecting just 2% year-on-year (YoY) growth for the Nifty 50 index. The subdued growth outlook reflects persistent challenges across key sectors, particularly Oil & Gas (O&G), Cement, and Real Estate, even as segments like Technology, Auto, and BFSI are expected to provide moderate … Read more
“The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that, why this stagnation is there, and what is their thought process it will become clear in a week when the budget comes in,” says Sandip Sabharwal, asksandipsabharwal.com.What could be interesting … Read more
“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 do see that volume growth for most companies in H2 should be better, plus pricing growth of 2% to 3% will gradually come back,” says … Read more