The India-US tariff cut is expected to support overall market sentiment, but steel and aluminium tariffs under Section 232 will continue. Vikash Singh, VP at ICICI Securities says metals could benefit indirectly through stronger export demand, while ferrous metals are…
Along with its results, the board of Varun Beverages has approved a final dividend for the year, which will be subject to approval from the shareholders.
Shares of Indoco Remedies were reacting positively to the improved operating metrics and were trading around 9.38% higher in trade today.
Gold and silver futures on MCX rebounded after last week’s historic sell-off, with gold up 3.58% and silver surging 7.17%, driven by short-covering and bargain buying.
Shares of Avalon Tech, the electronic manufacturing company, are said to be a key beneficiary of the India-US trade deal. Over 60% of its topline came from the US market in the second quarter.
UPL maintained its FY26 guidance of 4-8% revenue growth and 12-16% EBITDA growth.
With inventories low in the US and positioning light in India, market veterans expect the deal to first lift exporters and large caps before broader sectors join in.
Nilesh Shah said the India-US trade deal removes a major overhang for equity and currency markets, but reminded investors that such agreements always involve give and take, so it is better to wait for the details.
Even as these textile stocks fell from record high levels due to the tariff-linked uncertainties, retail investors continued to repose faith in these companies. Most of the textile stocks have seen an increase in retail shareholding, or those with authorised…
KEC International’s transmission & distribution (T&D) business has received multiple orders, including 220 kV and 132 kV cabling works from an Eastern India steel producer, and KEC’s US arm bagged a supply order for towers, hardware and poles in the…