New Delhi, May 7 (IANS) Homegrown FMCG major Dabur India is set to raise prices by up to 4 per cent across parts of its portfolio and reduce grammage in smaller packs as the company grapples with rising input costs triggered by the ongoing conflict in West Asia.Speaking to analysts after the company’s quarterly earnings announcement, Dabur Global Chief Executive Officer Mohit Malhotra said inflationary pressures have intensified across most categories of the India business, prompting the compa…
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Mumbai, May 5 (IANS) Indian equity benchmarks ended lower on Tuesday, as rising geopolitical tensions in West Asia weighed on investor sentiment, pulling down banking, realty, and oil and gas stocks.The Nifty slipped 86.50 points, or 0.36 per cent, to close at 24,032.80, while the Sensex declined 251.61 points, or 0.33 per cent, to settle at 77,017.79.The benchmarks erased gains from the previous session as selling pressure intensified through the day.Sectorally, banking, real estate, and oil an…
Mumbai, May 4 (IANS) FMCG major Jyothy Labs Limited on Monday reported a 12.33 per cent year-on-year (YoY) decline in its net profit for the fourth quarter (Q4) of FY26.The company’s net profit stood at Rs 67.5 crore in the January–March quarter (Q4 FY26), down from Rs 77 crore in the corresponding period previous financial year (Q4 FY25), according to its exchange filing.Despite the drop in profitability, revenue from operations rose 7.7 per cent year-on-year (YoY) to Rs 717 crore, compared…
New Delhi, May 4 (IANS) India’s agriculture sector is better protected from the impact of El Niño this year, owing to several factors such as diversified income sources and improved irrigation coverage, a report has said.The report by Elara Capital noted that while concerns over El Niño’s effect on agricultural output, inflation and rural demand remain valid, structural changes in rural India have significantly weakened its transmission to farm growth and incomes.Moreover, factors such as expa…
Mumbai, May 1 (IANS) The Indian equity benchmarks closed in the red this week, as persistent selling from the foreign institutional investors (FIIs) and higher crude prices weighed on market sentiment.Nifty lost 0.73 per cent during the week and dipped 0.74 per cent on the last trading day to reach 23,997. At close, the Sensex was down 582 points or 0.75 percent at 76,913. It dropped 0.97 per cent during the week.”Investor sentiment remained cautious as the double blockade in the Strait of Hormu…
New Delhi, April 29 (IANS) India’s agricultural outlook for FY27 likely to remain uneven despite underlying stability, with a 92 per cent monsoon forecast and a 35 per cent probability of deficient rainfall emerging as key risks, though strong government support is expected to provide some cushion, a report said on Wednesday.According to a report by smallcase, while aggregate farm output remains supported by strong production of staple crops, underlying stress points persist due to weakness in…
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
Mumbai, April 17 (IANS) The recent correction in the stock market amid geopolitical tensions has pushed the valuations of top Nifty stocks to the 17th percentile, despite significant FII selling of $12.7 billion, highlighting resilience in large-cap stocks and potential buying opportunities, a report has said.A report by DSP Mutual Fund noted that despite $12.7 billion worth of FII selling in March 2026, the largest 10 stocks in the Nifty have shown remarkable resilience, with no significant dis…
Mumbai, April 17 (IANS) Indian equity markets ended on a strong note on Friday, with benchmark indices Nifty and Sensex closing higher as investors remained cautiously optimistic ahead of the second round of US-Iran talks scheduled over the weekend.The Nifty rose 0.65 per cent, or 156.80 points, to settle at 24,353.55, while the Sensex gained 504.86 points, or 0.65 per cent, to end the session at 78,493.54.Commenting on Nifty technical outlook, experts said that the immediate hurdle is seen at t…
Mumbai, April 17 (IANS) Domestic equity benchmarks opened on a flat note on Friday, but gained afterwards, after relief in global oil prices and US President Donald Trump’s ceasefire announcement between Israel and Lebanon.Sensex opened at 77,976, down 12 points, or 0.02 per cent, while Nifty began the session up 30 points, or 0.13 per cent, at 24,165.The indices traded mildly positive further, with the 30-scrip basket gaining 142 points or 0.18 per cent to 78,130 and the 50-share index adding 2…