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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 Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, rose on Friday, showing gains in a week marked by reduced trading activity, primarily driven by auto stocks after last week’s significant fall made valuations more appealing. The Nifty 50 climbed 0.27% to close at 23,813.4 for the day, while the…
Source: Live Mint Buy or sell: The domestic benchmark indices succeeded in maintaining the gains made during the morning session until the close on Friday. The Sensex finished at 78,699.07 points, an increase of 226.59 points or 0.29%, while the Nifty 50 ended at 23,813.40 points, rising by 63.20 points or 0.27%. As of 2024,…
