Shares of leading alcoholic beverage companies traded higher on Wednesday after the implementation of the India-UK Free Trade Agreement (FTA) sparked optimism about the future of India’s premium spirits market, aka Liquor Stocks. Among the major gainers, United Spirits rose nearly 3%, Tilaknagar Industries climbed more than 3%, while Associated Alcohols & Breweries, Piccadily Agro […]
Indian equities began the week with a powerful rally, leaving investors richer by nearly ₹8 lakh crore within the first few hours of trading. The Sensex surged more than 1,100 points to cross the 76,800 mark, while the Nifty reclaimed the psychologically important 24,000 level. The gains were broad-based, with buying visible across banking, financial,
Indian benchmark indices opened sharply higher on June 12, with the Sensex rallying nearly 1,000 points and the Nifty climbing above the 23,450 mark as easing geopolitical tensions in West Asia sparked a broad risk-on rally across global markets. The sharp rebound came after US President Donald Trump halted planned military strikes on Iran and
Indian benchmark indices gave up a significant portion of their early gains on June 9, with the Sensex falling more than 400 points from its intraday high and the Nifty slipping towards the 23,150 mark. The pullback came amid persistent foreign institutional investor (FII) selling, renewed concerns over economic growth, and heightened volatility associated with
Indian equity markets opened sharply lower on Monday as escalating tensions in West Asia triggered a fresh spike in crude oil prices, prompting investors to reduce exposure to risk assets. The BSE Sensex falls more than 650 points in early trade, while the NSE Nifty slipped below the 23,200 mark. Selling pressure was visible across
Sensex Falls Over 650 Points as Oil Surge and West Asia Tensions Weigh on Markets Read More »
Indian benchmark indices staged a sharp recovery on Wednesday, with the Sensex rebounding nearly 1,000 points from its intraday low and the Nifty reclaiming the 23,450 level, as investors stepped in to buy stocks after a steep morning selloff. The recovery came after a highly volatile trading session that saw both benchmark indices plunge more
Beverage giant Coca-Cola has announced plans to explore a public listing of Hindustan Coca-Cola Holdings Pvt Ltd (HCCH), the parent company of its largest bottling business in India, marking a significant step in the company’s long-term strategy for one of its fastest-growing markets. The proposed listing, which could take place as early as 2027, would
Fuel prices in India have moved higher once again. Petrol and diesel prices were increased for the third time in May, extending a month of gradual revisions driven by elevated crude oil prices and continued geopolitical uncertainty linked to the Iran conflict. At the same time, the Centre argued that differences in state-level taxes, not
Indian equity markets recovered sharply from early losses on Wednesday, with the Sensex rebounding nearly 700 points from the day’s low and the Nifty climbing back near the 23,650 mark amid value buying and improving sentiment around geopolitical developments. The session began under heavy pressure. In early trade, the Sensex had plunged more than 670
Indian equity markets witnessed a sharp selloff on Monday, with benchmark indices tumbling more than 1% amid rising crude oil prices, renewed geopolitical uncertainty, and growing concerns over India’s macroeconomic stability. The Sensex plunged over 1,100 points to near 76,226, while the Nifty slipped below the crucial 23,900 mark, reflecting widespread risk aversion across sectors.
