The FinTech Hub
Source: Live Mint Indian consumer staple companies faced a challenging year in 2024, navigating a landscape of uneven demand. While rural demand showed some signs of recovery, urban demand weakened, subduing overall consumption trends. Limited price hikes further weighed on revenue growth. “Our universe reported a <5% volume growth,” said analysts at Jefferies India in…
Source: Live Mint Muhurat Trading 2024: Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. Indian markets ended higher in the special session on Friday, November 1, 2024, rising for the seventh straight Muhurat trading session. The Sensex ended 335.06 points higher or…
Source: Live Mint India’s largest household goods company Hindustan Unilever Ltd’s (HUL) struggle with muted volume growth is turning into a persistent concern. In the September quarter (Q2FY25), underlying volume growth stood at 3%, missing analysts’ expectation of 5%—hinting that India’s much-touted consumption story may be losing momentum. Weak demand, coupled with persistent food and…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 6:21 AM IST Nifty Pharma Index: Range-Bound Movement The Nifty Pharma Index is currently trading in a defined range between 23,700 and 22,700. This suggests that the market is experiencing indecision, with neither buyers nor sellers dominating. The current range provides…
Source: Live Mint Stocks to buy: The recent gains in FMCG stocks, including ITC, Hindustan Unilever (HUL), and United Spirits, have caught investors’ attention. The sector’s prospects look bright due to a better-than-expected monsoon, signs of revival in rural consumption, and growing consumer interest in premium products. Over the last three months, the Nifty FMCG…
