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Varun Beverages’ capex as a percentage of sales peaked in the 2023 calendar year and CLSA expects the capex intensity to now ease.

Nvidia is also under scrutiny on Monday for its exports to Singapore as some analysts believe that it is the company’s way to ship the components to China by bypassing the US export controls.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,119.30, while Sensex ended at 73,085.94.

Tokyo and Sydney shares were down, with futures showing equity benchmarks in Hong Kong to open lower Tuesday.

West Texas Intermediate was near $68 a barrel after dropping 2% on Monday, while Brent closed below $72.

US markets reversed all of last Friday’s gains after a sharp sell-off on Monday. The US Dollar rallied, yields slumped, as did oil prices.

Shares of RBL Bank Ltd ended at ₹155.20, down by ₹3.10, or 1.96%, on the BSE.

According to the block deal data on the National Stock Exchange (NSE), Wells Fargo, through its affiliate Wells Fargo Emerging Markets Equity CIT, offloaded 26.55 lakh shares of Kolkata-based ITC.

Intellect is now one of the largest technology providers to the Canadian financial services industry, having more than 170 credit unions and banks as clients. Shares of Intellect Design Arena Ltd ended at ₹647.60, down by ₹17.95, or 2.70%, on…

Shares of Uno Minda ended 0.3% higher today on the BSE at a price of ₹828.00.