Further correction more likely

Further correction more likely

Spooked by the hawkish commentary from the US Federal Reserve, escalating Ukraine-Russia crisis, fresh surge in international crude oil prices and fears over inflation; the domestic stock markets corrected modestly during the week ended. BSE Sensex fell 502 points to 57,362, and NSE Nifty declined 134 points to 17,153, while the broader markets were largely […]

Russia-Ukraine war impact: India’s grain exporters are gearing up to fill the huge gaps in global stocks, especially wheat

Russia-Ukraine war impact: India’s grain exporters are gearing up to fill the huge gaps in global stocks, especially wheat

Russia’s invasion of Ukraine has entered the second month. Buoyed by the US and Europe’s aggressive supply of arms, Ukrainians have put up a stiff resistance, stalling Russian tanks from entering the capital city of Kiev and, in the process, disproving military pundits who had predicted a short and lopsided war. A protracted war in […]

ambani:  Anil Ambani quits as RInfra, RPower director – Times of India

ambani: Anil Ambani quits as RInfra, RPower director – Times of India

NEW DELHI: Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI order restraining him from associating with any listed company. “Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim […]

Demand, inflation woes still haunt HUL stocks

Demand, inflation woes still haunt HUL stocks

Hindustan Unilever Ltd’s (HUL’s) investors are nervous. The relentless escalation in costs for fast moving consumer goods (FMCG) companies has come at a time when the demand environment is sombre. Some companies are likely to be more hurt than others, and HUL’s relatively high exposure to raw materials such as palm oil, and crude oil […]