Mumbai, July 25 (IANS) The Indian equity benchmarks posted strong weekly loss, over global inflation fears and higher crude prices.Nifty lost 2.33 per cent during the week and dipped 0.43 per cent on the last trading day to reach 23,767. At close, Sensex was down 331 points, or 0.43 per cent, at 76,059. It lost 2.68 per cent during the week.”Inflationary fears intensified as the escalation of the West Asia conflict and the blockade at the Red Sea helped crude to cross the $100 per barrel mark. M…
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New Delhi, July 18 (IANS) India’s large‑cap funds attracted the highest inflows among segments in June even as they lagged year‑to‑date performance, a report said on Saturday.The report from Vallum Capital said highlighted a clear divergence in investor behaviour in June as large‑cap funds attracted Rs 9,656 crore of inflows despite being the worst‑performing category this year, down 5.4 per cent year‑to‑date, primarily due to strength of SIP‑led automatic flows.Mid‑cap funds r…
Mumbai, July 17 (IANS) Billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday reported a consolidated net profit at Rs 20,946 crore for the first quarter of the current financial year (Q1 FY27), which represents a 22 per cent year-on-year (YoY) decline largely due to a one-time exceptional item in the same quarter of the previous year.The conglomerate’s net profit had jumped to Rs 26,994 crore in the first quarter of 2025-26 (Q1 FY26) due to the sale of Asian Paints stake.The …
Mumbai, July 15 (IANS) Shares of Patanjali Foods tumbled as much as 20 per cent on Wednesday, hitting a fresh 52-week low and their lowest level since April 2020, before recovering some of the losses later in the trading session.The stock fell to Rs 328.20 on the NSE, extending its prolonged decline and nearly halving from the peak it had touched in July last year.Following the sharp correction, the company issued a clarification to the stock exchanges, stating that there were no material events…
Mumbai, July 11 (IANS) After rallying for four consecutive weeks, the Indian equity benchmarks posted mild weekly loss, as escalating tensions in West Asia sent crude prices higher.Nifty lost 0.26 per cent during the week and edged up 1.02 per cent on the last trading day to reach 24,206. At close, Sensex was up 827 points, or 1.08 per cent, at 77,569. It lost 0.25 per cent during the week.Indian equities experienced a volatile week, with early optimism giving way to a sharp bout of risk aversio…
New Delhi, July 6 (IANS) White‑collar hiring in India grew over 6 per cent in June, with AI and machine‑learning roles continuing to outperform, posting 25 per cent year‑on‑year growth in June, a report said on Monday.The report from jobs site Naukri said insurance continued its strong run with 16 per cent growth, FMCG at 7 per cent, telecom at 6 per cent, real estate at 5 per cent and BPO/ITES and pharma or biotech at 4 per cent each.The report said that the Naukri JobSpeak Index reache…
New Delhi, July 2 (IANS) India’s industrial and logistics sector sustained its momentum in 2026, with absorption reaching 34.8 million square feet in the first half this year, marking a 2.4 per cent year-on-year growth, a report said on Thursday.The report from Savills India said demand was primarily driven by manufacturing (30 per cent) and third-party logistics (23 per cent) occupiers.Sustained demand traction was also recorded from FMCG and FMCD (18 per cent), and e-commerce (10 per cent) s…
Mumbai, July 1 (IANS) Indian equity benchmark indices ended higher on Wednesday, supported by strong buying in FMCG, banking, financial and realty stocks.The Nifty climbed 140.10 points, or 0.59 per cent, to close at 24,005.85, while the Sensex advanced 443.97 points, or 0.58 per cent, to settle at 76,922.64.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 region, which coincides with the 100-day Exponential Moving Average (EMA), continues to act as the immediate resi…
Mumbai, June 29 (IANS) Indian stock markets opened flat on Monday with investors and traders closely monitoring developments surrounding the US-Iran ceasefire and upcoming diplomatic discussions.Nifty opened at 24,061.75, up 5.75 points or 0.02 per cent, while Sensex started marginally lower at 77,055.21, down 45.26 points or 0.06 per cent.Sector-wise, healthcare and pharma stocks led the gains, with Nifty Healthcare Index rising 0.53 per cent and Nifty Pharma advancing 0.52 per cent. FMCG also …
New Delhi, June 26 (IANS) India’s nutraceutical market, valued at around $29–30 billion in 2024, is projected to reach $37–38 billion by 2026 and $55–57 billion by 2030, at a CAGR of approximately 10.5 per cent, a report said on Friday.The growth is being driven by rising health consciousness, higher disposable incomes, increasing lifestyle-related disorders, and demand for natural, science-backed nutrition, the report from CareEdge Ratings said.The Indian healthcare landscape has shifte…