Healthcare and consumer-related companies are good places to invest a large amount of money right now because these sectors are growing, says Nimesh Chandan, CIO of Bajaj Finserv AMC. However, he is worried about the IT sector due to new trade rules in the US that could slow down their business. Chandan is particularly optimistic […]
Wow! Momo expands FMCG portfolio with Wow! Noodles, eyes ₹100 crore business within 2 years – CNBC TV18
QSR brand Wow! Momo has expanded its FMCG portfolio with the launch of Wow! Noodles, entering the instant cuppa noodles market. The company aims to stand out in the ₹14,000-crore noodle industry with its unique desi-Asian flavors, including Khow Suey, Thukpa, and Chinese Bhel. “This is a much-needed brand extension that helps us grow across […]
Mihir Vora sees this sector leading the next market rally – CNBC TV18
Mihir Vora, CIO of Trust Mutual Fund, believes financial stocks will drive the next phase of market growth. He sees strong fundamentals supporting the sector, with banks and non-banking financial companies (NBFCs) benefiting from a potential rate-cut cycle. “Financials are well-placed to lead as credit growth remains healthy,” Vora noted. In contrast, he pointed out […]
FMCG sector seeks relaxation in plastic reuse & recycling norms, cites capacity crunch as a hurdle – CNBC TV18
Come April 1, the environment ministry’s guidelines mandating the use of recycled and reused plastic in packaging will take effect, significantly impacting the FMCG industry, which faces a double challenge—how to meet these norms and, if unable to sustain them, how to protect sales. According to sources, the FMCG sector has approached the government, seeking […]
Paint demand recovers, Berger may outpace Asian Paints: Nuvama – CNBC TV18
The paint industry is showing signs of recovery after nearly flat volume growth for the past nine months. While challenges remain, demand is improving, and volumes are expected to rise in the coming quarters. Institutional brokerage firm Nuvama believes Berger Paints could perform better than Asian Paints in the near to medium term due to […]
Ambit’s Dhiraj Agarwal on why stock pickers face a tough market this year – CNBC TV18
The equity markets will put stock pickers to the test as the gap between expensive and reasonably valued stocks remains wide, says Dhiraj Agarwal, MD of Ambit Investment Managers. He advises investors to look beyond sector trends and focus on individual stocks with fair valuations and steady earnings growth. Agarwal highlights that the year will […]
Sensex Today | Stock Market LIVE Updates: Nifty hinges on Budget announcements for further recovery amid Trump tariffs
Sensex Today | Stock Market LIVE: The stock exchanges are open today, February 1, for a special trade session as the Finance Minister Nirmala Sitharaman will table the Union Budget 2025 in Parliament today. Sensex Today | Stock Market LIVE: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 […]
HDFC Bank Q3 Results Live Updates: Single-digit profit growth seen, NIMs may remain flat
HDFC Bank Q3 Results Live Updates: HDFC Bank is expected to report single digit year-on-year growth in its third quarter net profit and net interest income (NII), according to analysts. The Street will watch out for growth in the bank’s deposits, guidance for credit growth, and outlook on margins. Any positive or negative surprises may […]
FMCG sector set for mixed third quarter with rural recovery, weak urban demand – CNBC TV18
The fast-moving consumer goods (FMCG) sector is expected to show mixed trends in the October-December 2024 quarter (Q3FY25). Demand is likely to remain largely unchanged from the previous quarter, with rural areas seeing some recovery while urban demand continues to lag. The festive season may provide a boost, but categories like skincare and healthcare products […]
CLSA not expecting big returns in 2025, sees single-digit gains for Indian market – CNBC TV18
Vikash Kumar Jain, India Strategist and Head of Research at CLSA, shared his outlook for the Indian market in 2025, stating that he is not gunning for big returns this year, would be happy with single-digit returns for Indian market. Jain said, “We need bond yields to not go much higher and also, at the […]