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FMCG shares: FMCG shares rise up to 10%, hint at 'start of a catch-up rally' indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Infosys shares see sharp dip as IT major guides for tepid growth in FY25 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent.
So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index.
The IT index has been on a continuous decline in the last three sessions. ....
Concern among minority shareholders about the Master Supply and Service Agreement proposed by Ambuja Cements is the main reason for the fall in share prices. They believe Sanghi Industries’ control on profitability will be limited under the agreement. ....