Nikhil Khandelwal, Managing Director of Systematix Group, said the brokerage has turned more positive on the financial sector, as lower crude oil prices are expected to ease inflationary pressures, strengthen the rupee and pave the way for a softer interest…
For home textiles, Indo Count Industries, Pearl Global and Welspun Living are the key beneficiaries. While Indo Count Industries and Pearl Global have a 4% – 5% UK exposure, Welspun Living’s UK and EU exposure was 18% in financial year…
Former MCX chief Mrugank Paranjape said the NSE IPO could attract long-term capital from sovereign funds and other global investors, while unlocking capital held by institutions such as SBI and LIC for future investments.
The upgrade is driven by expectations of stronger revenue growth, aided by ongoing capacity expansion, market share gains and margin improvement.
State Bank of India approves plan to raise up to ₹60,000 crore via debt instruments in FY27, targeting domestic and overseas investors pending approvals.
Shares of New India Assurance are the top gainers on the Nifty 500 in today’s trading session. The stock is also gaining on strong volumes today.
Nykaa said it is targeting gross merchandise value (GMV) of over ₹500 crore across its Beauty and Fashion businesses by FY30, led by strong expansion across categories and channels.
Muthoot FinCorp Tranche IV NCD issue opens June 19 with yields up to 9.25%, rated AA Stable, offering multiple tenures and BSE listing for investors.
JPMorgan sees Chinas crude imports rebounding from August after an eight year low, trims long term fuel demand outlook, and highlights PetroChina, Nan Ya Plastics and LG Chem as key picks
Under the agreement, the current 150% import duty on Scotch whisky and gin will be cut to 75% immediately upon implementation. The tariff will then be gradually reduced to 40% over the next 10 years.