Nifty 50, Sensex today: What to expect from Indian stock market in trade on October 9 ahead of RBI policy | Stock Market News

Nifty 50, Sensex today: What to expect from Indian stock market in trade on October 9 ahead of RBI policy | Stock Market News

Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday tracking gains in global markets and ahead of the RBI policy announcement. The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 25,145 level, a…

Read More
Pepsico trims 2024 sales forecast, reports double-digit growth in India; stock up 1.29% | Stock Market News

Pepsico trims 2024 sales forecast, reports double-digit growth in India; stock up 1.29% | Stock Market News

Source: Live Mint The soft drink Pepsi’s parent company, Pepsico Inc., announced double-digit organic sales growth for the Indian market in the third quarter of the calendar year 2024, reported the news agency PTI on Tuesday, October 8. “There are pockets of strength in International, Southeast Asia and India markets that are growing nicely,” said…

Read More
Q2 results expected to be muted; Indian stock market may see more downgrades | Stock Market News

Q2 results expected to be muted; Indian stock market may see more downgrades | Stock Market News

Source: Live Mint The stronger impact on domestic stock market is partly because we were playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, which are trading at significantly lower valuations—10x to…

Read More
India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…” | Stock Market News

India to underperform EMs in short-term: “The risk of ‘side effect’ is more on Indian market…” | Stock Market News

Source: Live Mint The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs.  The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x…

Read More