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The FMCG sector had been hit by inflation, uneven rains during the kharif season and the resultant weak sentiment of the rural sector. However, sentiment is positive for the sector in coming months over expectations that the government will initiate measures to boost rural incomes and demand. ....
Gautam Duggad of Motilal Oswal expects the market momentum to continue this year as well, with Lok Sabha election outcome and interest rate movement as the key triggers for the near term ....
Indian state-run banks continued their winning streak for the fifth consecutive session on Wednesday, with 11 out of 12 constituents of Nifty PSU Bank index finishing today s trade in the positive territory. ....
ICICI Bank Q3 Results: Net interest income (NII) increased by 13.4% YoY to Rs 18,678 crore in Q3 from Rs 16,465 crore in the corresponding quarter of last year. Total period-end deposits grew by 18.7% YoY to Rs 13,32,315 crore while the domestic loan portfolio grew 18.8% YoY to Rs 11,14,820 crore at the end of the December quarter. ....
The revenues of Wipro came in at ₹22,205 crore in Q3, indicating a 4.4% YoY drop, while HCL Tech reported consolidated revenue of ₹28,446 crore in Q3, reflecting a 6.5% YoY growth. ....