The Union Budget 2024 seems to have failed to boost domestic market sentiment, which has been cautious due to concerns over rich valuation, mixed Q1 earnings and uncertainty over the beginning of the rate cut cycle in the US. The Nifty 50 has been down for the last five consecutive […]
Dabur
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]
Motorcycle manufacturers, farm-equipment makers and producers of fast-moving consumer goods have rallied following forecasts of timely and above-normal monsoon rains in 2024, after extreme and unseasonal heat wreaked havoc on Indian agriculture in the last two years. Sales volumes in rural areas are improving and several major consumer goods firms […]