Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…

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SRF scouts for recovery in chemicals business as earnings visibility suffers

SRF scouts for recovery in chemicals business as earnings visibility suffers

Source: Live Mint SRF Ltd’s September quarter (Q2FY25) results drew a lukewarm response from the Street, with the underperformance in its core chemicals segment and muted growth in the packaging films business weighing on investor sentiment. Consolidated Ebitda came in at ₹538 crore, down 13% year-on-year, falling short of the consensus estimate of ₹631 crore. …

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