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Cement companies in India are expected to see their revenue increase by 12-14% in FY23, supported by higher volume growth and better realisation, according to a report by ICRA. However, higher input costs such as power, fuel, raw material and ...
Indian indices tanked on severe selling pressure as Adani Group stocks plunged after a report by Hindenburg Research accused the group of improper use of offshore tax havens and raised concerns over the group’s high debt. In addition, heavy losses ...
Indian fertiliser companies are likely to see an improvement in profitabilty helped by moderation in global prices and Government subsidies, according to rating agency ICRA. The rating agency expects profitability for phosphatic fertiliser manufacturers to improve at the current nutrient-based ...
Sensex and Nifty gained nearly 1%, a day after government data showed wholesale inflation dropping to a 2-year low of 4.9% in December 2022. FMCG and Realty stocks led today’s rally as both the indices climbed over 1%. Energy and ...
Benchmark stock indices fell over 1%, tracking Asian peers, after the Federal Reserve officials signalled more interest rate hikes amid weak foreign flows. The Sensex closed 1.04% lower and the Nifty 50 index slumped 1.03%.In broader markets, Nifty Midcap 100 ...
Market Opening - An Overview Nifty futures on the Singapore Exchange were trading 0.15% lower at 18,196.50, signalling that Dalal Street was headed for a negative start on Tuesday. Most Asian shares were trading lower after data showed Chinese manufacturing ...
Major stock indices continued its downward trajectory and ended in the red as realty, public sector banks, metal, and auto stocks slumped. The Sensex and the Nifty 50 indices fell 0.39% each.In broader markets, Nifty Midcap 100 dropped 0.875 and ...
Major Indian indices fell during the week after the Federal Reserve increased interest rate to tame inflation and investors were worried over an impending recession. For the week, the Sensex fell 1.36% to 61,337.81. The Nifty 50 index declined 1.23% ...
Fast-moving consumer goods (FMCG) sector is expected to grow 7-9% this fiscal compared with about 8.5% in the last fiscal as companies increased the prices of their products due to higher input costs, according to a report by CRISIL Ratings. ...
Indian markets ended positively, aided by gains in banking and IT stocks. Auto and pharma stocks also contributed to the rise. The Sensex rose 0.65% and the Nifty 50 index gained 0.60%. In broader markets, Nifty Midcap 100 index advanced ...