Page 8 - Domestic Markets

CRISIL gains 8% on 13% growth in Sept quarter net profit; Rs 15 dividend

CRISIL's consolidated net profit in Q3 2024 rose by 12.86 per cent Y-o-Y to Rs 171.55 crore

SRF slips 4% as UBS downgrades to 'Sell' from 'Buy'; sees downside of 22%

The market's expectation of a demand recovery for SRF's chemical segment will be met with disappointment, UBS said

Antony Waste up 7% after posting record collection and transportation in Q2

Antony Waste Handling Cell's combined tonnage for collection and transportation (C&T) and processing reached 1.19 million tonnes in Q2, implying an annual growth of 4 per cent

India-dedicated funds log first weekly redemption since March 2023

China's resurgence, expensive valuation dim India appeal; Midcap funds see 14th week of outflows

Indices hit new highs on volatile day; Rupee, government bonds gain

While benchmark indices rallied close to 1 per cent in early trade and made new record highs, valuation concerns and a sharp selloff in the broader markets led to profit-taking

Market Highlights, Aug 29: Sensex, Nifty end at record; RIL to invest Rs 75k cr in new energy biz

Stock Market Highlights Today, Thursday, Aug 29: The BSE Sensex ended 349 points higher at 82,135 level, while the Nifty50 closed 100 points higher at 25,152

Govt proposes domestic sale of raw sugar, ending six-decade-old ban

Raw sugar commands a higher price than refined sugar and could boost revenue in the market

Stock Market Highlights, Aug 27: Sensex, Nifty end flat; Smallcap shares shine; ZEE soars 11.5%

Stock Market highlights on Tuesday, August 27: 31 out of 50 listed stocks of Nifty50 ended lower, dragged by Titan Company, Hindustan Unilever, JSW Steel, Coal India, and Grasim

Major domestic appliances market sees 18% growth in first half of 2024

The market of major domestic appliances saw an 18 per cent value-based growth in the first half of 2024, helped by a strong demand for essential household items, according to a report from GfK. The growth in MDA (major domestic appliances) market was led by Key categories such as air-conditioners and refrigerators, which reported a growth of 30 per cent and 7 per cent, respectively. "This growth is 3X of growth in 2023 over the previous year," said the report from GfK, which is now an NIQ Company, a leading global market and consumer intelligence firm. The small domestic appliances market recorded a 29 per cent increase in value, reflecting heightened consumer interest in home convenience products, according to the report. The report also added that customers are now looking for feature-rich and premium products, which is fuelling the value growth in the appliance segment. Now washing machines with capacities of 9kg or above have recorded an "impressive growth rate of 30 per cent"

Stock Market Highlights, July 9: Sensex rises 391 pts, Nifty holds 24,400; Maruti leaps 6%, ITC 2%

Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade

'Domestic flows will sustain, but will not rise meaningfully from here'

The pockets of the market in which excess exuberance can be seen will undergo a reality check of earnings and valuations, said Gautam Sinha Roy of ICICI Pru Life Insurance

MTNL drops over 2% after Q4 net loss widens; down 12% in three months

MTNL's net loss widened to Rs 783.7 crore on a year-on-year (Y-o-Y) basis, from a net loss of Rs 748.6 crore in the fourth quarter of financial year 2023 (Q4FY23)

Why are DIIs buying heavily ahead of Lok Sabha elections? Analysts weigh in

Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore

Vedanta, Cochin Shipyard, JSPL among five stocks to track on May 14

Vedanta board will consider and approve the first Interim dividend on equity shares, if any, for the FY25, on May 16.

Before global scrutiny, Indian spice maker MDH faced several US rejections

Hong Kong suspended sales last month of three spice blends made by MDH and one by another Indian company, Everest, for apparently containing high levels of a cancer-causing pesticide

Stocks to Buy: Here's why Anand Rathi suggests HAL, Titan, Aegis Logistics

Since reaching its peak around the Rs 3,800 mark on April 1, 2024, the market has experienced a significant downturn, with a decline of nearly 600 points, translating to a 16 per cent loss in price

Stock Market Highlights, May 8: Benchmarks end flat after choppy session; Mid, SmallCap indices rise

Stock Market Highlights on May 8: The S&P BSE Sensex, after gyrating 611 points intraday, ended at 73,466, down 45 points. The Nifty, on the other hand, settled unchanged at 22,303

Spice row: Govt plans greater scrutiny, guidelines on use of ethylene oxide

ETO, a flammable, colourless gas is generally used as a disinfectant, sterilising agent as well as an insecticide to reduce microbial contamination in spices

FPIs domiciled at GIFT City allowed to issue P-notes to investors

Move could boost issuance and drive flows into domestic markets, say experts

Pre-election rally has more legs; stay cautious in small-caps: Apurva Sheth

The Sensex to SmallCap ratio is trading near its lowest levels since 2008. This means that smallcaps have outperformed relative to large-caps, Apurva Sheth said in this interview