Fast moving consumer goods (FMCG) companies are expected to see muted topline growth, with uneven spread of the monsoon impacting demand. Rural demand recovery, too, remains elusive in the July-September quarter. Brokerages expect volumes to […]
European Shares Likely To Open Higher As Focus Shifts To US CPI Data
European stocks may open on a positive note Thursday as investors react to less hawkish Federal Reserve commentary and await U.S. CPI data later in the day for direction. Boston Fed president Susan Collins said […]
FTC Proposes New Rule To Protect Consumers From Junk Fees
The Federal Trade Commission has announced a new rule to prohibit junk fees. The proposed rule would protect consumers from paying billions in hidden and falsely advertised fees. If finalized as proposed, the rule would […]
‘Adani has deep pockets…’
‘Adani can attract vessels at a much lower cost to Vizhinjam as he has the financial muscle to do so.’ Kerala Chief Minister Pinarayi Vijayan has described the international deep water multipurpose seaport at Vizhinjam […]
Valuation hurdle, competition may cap upside for Dixon Technologies
The stock of Dixon Technologies (India), the country’s largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per […]
U.S. Stocks Recover From Early Weakness To Close Sharply Higher
Stocks showed a substantial turnaround over the course of the trading session on Friday, rebounding from early weakness to end the day sharply higher. The major averages all moved to the upside, with the tech-heavy […]
India Central Bank Stands Pat On Rates; Hints At Open Market Bond Sales
India’s central bank left its benchmark interest rate unchanged for the fourth straight session on Friday but cited high inflation as a major risk to stability and sustainable growth and raised the possibility of open […]
Equity capital market league tables see a significant reshuffle at the top
Jefferies, IIFL, and JM Financial — none of which were in the top five last year — have now claimed the top spots in the league tables for equity capital markets (ECM) during the first […]
Analysts selective on sugar stocks as higher prices keeps outlook upbeat
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers’ palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, […]
European Shares Surrender Early Gains On Growth Worries
European stocks gave up initial gains to turn lower on Thursday as a slew of disappointing regional data rekindled worries about slowing growth. Data from the federal statistics office showed that German exports fell 1.2 […]