Heightened inflationary pressures impacted GM which was down to the lowest level in at least 40 quarters. This drove Ebitda margins also down to a multi-quarter low. 3-Y volume CAGR at around mid-single digit was respectable in the current context. Correction in some of the key input prices from the peak should help, and margins …
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices witnessed a volatile trading session of the weekly futures & options expiry. S&P BSE Sensex closed 51.73 points or 0.09% lower at 58,298 while the NSE nifty 50 index slipped 6.15 points or 0.04% to settle at 17,382. Bank Nifty ended 0.62% …
U.S. stock index futures were indicating a positive start to Wall Street on Friday and world stocks headed for a fourth straight week of gains as investors scaled back views on how far U.S. interest rates and inflation can climb. Oil lost some shine on Friday but has still recouped some of last week’s losses …
BSE Sensex and NSE Nifty 50 were trading in a deep sea of red on Monday, dragged by sell-off in index heavyweights. Stocks of ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Housing Development Finance Corporation, and Asian Paints contributed the most to the indices’ fall. So far in the day, S&P BSE Sensex hit a …
Indian equity markets slumped on Monday amid weak global cues. S&P BSE Sensex was down more than 600 points or 1.08% to sit just above 59,000 while NSE Nifty 50 index was down close to 200 points or 1.10% to hover above 17,550. Bank Nifty was down more than 1.5% while India VIX gained 4% …
Indian equity markets are likely to open lower on Thursday. Ahead of the weekly futures & options expiry session, SGX Nifty was down with marginal losses suggesting a flat to a negative start for benchmark indices BSE Sensex and NSE Nifty 50. Global cues were weak after Wall Street ended in red and Asian markets …
BSE Sensex and NSE Nifty 50 ended more than half a per cent up on Wednesday, a day before weekly F&O expiry. BSE Sensex jumped 418 points or 0.7 per cent to end at 60,260. NSE Nifty 50 index gained 117 points or 0.8 per cent to settle at 17,944. Stocks of Bajaj Finserv, Bajaj …
Early trends on Singaporean Exchange suggest that Indian equity markets may open in green on Tuesday. Investors will return to stock markets today after a 3-day holiday. Entering the session, Nifty futures traded 58.50 points, or 0.33% higher at 17,843.40 on the Singapore Exchange, signaling that Dalal Street was headed for a gap-up start. Analysts …
NSE Nifty 50 index target has been raised to 20,057 by analysts at domestic brokerage and research firm Prabhudas Lilladher. Analysts see multiple tailwinds for stock markets, barring the near-term volatility. “Festival demand from urban middle class is expected to remain strong, which will enable good 2Q and 3Q will show benefits of correction in …
Trent witnessed sharp growth in revenues in Q1FY23, which were much ahead of estimates. 3Y revenues CAGR at ~30% was impressive. GMs declined as the intensity in discounting and promotions returned. Costs normalised and Ebitda was in line. Westside clocked 24% LFL growth on a 3Y basis, but pent-up demand should have helped, in our …