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market analysis: F&O: Nifty forms higher highs, crosses recent swing high in hope for the bulls

Explore Now Nifty opened positive on Thursday and after a slight dip in the initial hours, took support near the 14,700 mark. The index witnessed a strong move in the second half of the session and headed towards the 14,883 level. It has been forming higher lows since last four sessions and managed to cross the recent swing high, which bodes well for the bulls. The index settled the day with a gain of around 170 points and formed a bullish candle with a long lower shadow, which signalled buying on declines. Now, it has to hold above 14,800 level to witness a bounce towards 15,000 and 15,100 levels, while on the downside support exists at 14,700 and 14,600 levels.

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Tea prices will normalise after once-in-a-lifetime yo-yo on pricing: Tata Consumer MD & CEO

Tata Consumer To Create Power Brands In Core Categories Like Tea & Salt Tea Prices To Normalise After Sharp Uptick In Prices In 2020: Sunil D Souza The world’s most popular beverage, Tea prices witnessed a sharp uptick in India in 2020 as production declined due to lockdown and floods in Assam. Tata Consumer Products MD & CEO Sunil D’Souza remained optimistic of tea priced normalizing soon. Sunil D’Souza stressed that the tea prices have already moderated to 20-30% above pre-COVID levels from a peak of 70-80% during August and September 2020. Tea has been through once-in-a-lifetime sort of Yo-Yo on pricing, with the lockdown, shortage. About 15% gap between demand and supply triggered the price rise in September , said Sunil D’Souza to ET NOW.

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Tata Consumer To Replace GAIL In Nifty 50 From March 31

Feb 24 2021, 10:39 AM February 23 2021, 8:32 PM February 24 2021, 10:39 AM Tata Consumer Products Ltd. will replace GAIL (India) Ltd. in the benchmark Nifty 50 from March 31, 2021 as part of a semi-annual rejig.The changes will also be applicable to Nifty 50 Equal Weight Index, the nationâs largest bourse said in a media statement. The Nifty 50 is reconstituted twice every year in March and September.The exchange also reshuffled the Nifty Next 50, Nifty 500, Nifty 100 and Nifty Midcap 150 indices, among oth. Tata Consumer Products Ltd. will replace GAIL (India) Ltd. in the benchmark Nifty 50 from March 31, 2021 as part of a semi-annual rejig. The changes will also be applicable to Nifty 50 Equal Weight Index, the nationâs largest bourse said in a media statement. The Nifty 50 is reconstituted twice every year in March and September.

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Tata Consumer Products to acquire Kottaram Agro Foods

Tata Consumer Products to acquire Kottaram Agro Foods Tata Consumer Products has announced the signing of definitive agreements to acquire 100% equity shares of Kottaram Agro Foods (KAF), owner of the brand Soulfull. Sunil D’Souza, MD and CEO, Tata Consumer Products, said, “This acquisition is a good strategic fit for us. It opens significant new market opportunities in the fast growing mini-meals segments and helps us partner a passionate and ambitious team of entrepreneurs who will remain and become a part of the Tata Consumer Products team. KAF was founded by Prashant Parameswaran, Rasika Prashant, Dr KK Narayanan and Amith Sebastian. Its Soulfull brand which was launched in 2013 operates in the health and wellness food segment with its portfolio of millet-based products for kids and adults. “Soulfull synergises well with our existing product portfolio, our distribution network as well as the supply chain. We believe Tata Consume

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Share Market: Sensex fall 3300 points from its all time high level, investors lost 10 lakh crore in 5 days | Share Market: 5 दिन में सेंसेक्स अपनी ऊंचाई से 3300 अंक टूटा, निवेशकों के 10 लाख करोड़ स्वाहा

Share Market: Sensex fall 3300 points from its all time high level, investors lost 10 lakh crore in 5 days | Share Market: 5 दिन में सेंसेक्स अपनी ऊंचाई से 3300 अंक टूटा, निवेशकों के 10 लाख करोड़ स्वाहा
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