BUSINESS
Nifty, Sensex bled amid weak global cues: Here are 5 factors that soured sentiment
Investors were looking towards the earnings season, the Budget, and the US Federal Reserve to provide further cues to the markets. However, with all of these completed, the markets are lacking any fresh triggers that could drive momentum.
BUSINESS
Brokerages bullish on Titan Company on positive margin surprise in Q1, growth plans
Titan's slower-than-expected topline growth is a result of the sudden spike in gold price and low-wedding days.
BUSINESS
Sebi's F&O crackdown: Who wins, who loses?
SEBI has proposed seven measures to make F&O less attractive for small traders, of which two are the most hotly debated: reducing the number of weekly expiries and increasing the minimum contract sizes.
BUSINESS
Titan Q1 Preview: Fewer wedding dates, spike in gold prices to hit profit
Titan is expected to see a tepid quarter amid lower number of wedding days, rising gold prices and increasing competition from regional players.
BUSINESS
Britannia Industries Q1 Preview: Price cuts, higher grammage to support volumes, impact topline
Amid the harsh summer, out-of-consumption will be impacted, where Britannia will have a volume impact. However, price cuts are expected to buoy volumes.
BUSINESS
Dabur Q1 preview: Higher A&P spends to impact margins, profit to jump 8%
For the quarter ended June, Dabur India is likely to report revenue at Rs 3,286 crore, rising five percent on-year.
BUSINESS
ITC Q1 Preview: Cigarette volumes to grow, profit likely to rise in high-single digits
For the three months ended June, ITC is likely to report revenue at Rs 17,171 crore, rising 8.5 percent on-year.
BUSINESS
Tata Consumer Q1 Preview: India foods, international arms to outperform
According to a Moneycontrol poll of six brokerages, Tata Consumer is likely to report revenue at Rs 4,293 crore, surging 14 percent on-year
BUSINESS
Short Call: Local mutual funds play it smart; Ashok Leyland, Cyient, Welspun Living, Chalet Hotels in focus
“Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets” - Michael Carr
BUSINESS
Organised gold jewellers retailers to shine brighter as smuggling to come down
India mines less than one percent of the yellow metal but owns around 11 percent of the world’s gold, causing India to be a net importer of gold
BUSINESS
The Black Day for Gold: How Rs 10 lakh crore wealth got destroyed in a single day
The fall in gold prices primarily impacts Indian households, who own some of the largest reserves of gold across the world.
BUSINESS
Nestle India Q1 Preview: Price hikes to support bottom-line, eyes on commodity inflation
According to a Moneycontrol poll of eight brokerages, the Maggi-maker is likely to report an eight percent jump in revenue at Rs 5,060 crore.
BUSINESS
Titan, ITC seen benefitting most from consumption thrust in Budget 2024
As the dust from the Budget settles, a clearer picture emerges: the two winners on D-Street are expected to be ITC and Titan.
BUSINESS
HUL inspires confidence as brokerages raise targets on rural green shoot, premiumization play
HUL noted it was seeing recovery in rural demand while continuing to focus on its premium portfolio, and its market-share is also expected to improve in the medium term.
BUSINESS
Jewellery stocks shine on as customs duty on gold slashed in Budget 2024
The cut in customs duty will also benefit the government and will slow down the smuggling of gold from Middle East to India.
BUSINESS
Will consumption story, rural demand see a turn-around spurred by populist measures in Budget 2024?
In the budget, the FM announced a key focus on spurring employment, a key pain point of the lower- and middle-class.
BUSINESS
HUL's Q1 results seen muted, eye on segmental sales and heatwave impact
The heatwave, price cuts and stable commodity prices are expected to result in the FMCG giant seeing flat earnings.
BUSINESS
Nifty's overvaluation signals imminent market correction; HDFC Bank, LTTS stocks among 'key avoids': Emkay
'Only meaningful upgrades in forward estimates could support such elevated multiples, and we do not see that in the next 1-2 quarters,' said Emkay.
BUSINESS
Budget 2024: Gaming, alcohol and tobacco firms hope for favourable tax treatment
In the gaming space, Nazara Tech and Delta Corp will be big movers if there is any change in the taxation structure.
BUSINESS
Budget 2024: Durables bet on expansion in PLI, increased R&D spends to buoy demand
Any infrastructure development, rural thrust or social sector spendings will increase the penetration of consumer durables in the rural mark
BUSINESS
Short Call: Why investors have taken a sudden shine to IT; Just Dial, Eicher, Bajaj Auto, Cello, LTIMindtree in focus
The current rally in the information technology space is attributed to three key factors: positive Q1 earnings, rate cut bets and a ‘defensive’ play.
BUSINESS
Budget 2024: Increased welfare schemes, social spends to boost rural demand for FMCG cos
Analysts have pinned their hopes on the forthcoming budget to change the picture and act as a trigger to revive investor interest in the consumer staples and FMCG space.
BUSINESS
After Mukul Agarwal, HDFC Mutual Fund and ADIA are lapping up this garment exporter
The demand for garments and textiles is expected to rebound as inventory levels normalize and inflation eases, benefitting industry players such as Pearl Global.
BUSINESS
Brokerages unimpressed by Asian Paints' Q1 show, cut target prices amid competitive pressure; shares sink
Brokerages slashed their target prices on Asian Paints as sharp headwinds for the paints major are likely to continue going forward.
