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Explore Now New Delhi: The domestic equity market failed to extend its two-day gains and consolidated in a narrow range on Tuesday. Market witnessed profit taking in the banking space, though FMCG, consumer durables and IT stocks capped the fall. Nifty kept paring any gains made throughout the day, eventually forming a Bearish Belt Hold candle on the daily chart, reflecting selling pressure. Analysts said, only a breach above the 15,300 level can open doors for any further move. As we near the derivatives expiry for May, will the market move upward or consolidate in a narrow range? Here s how analysts read the market pulse:- ....
MUMBAI/CHENNAI: Several familiar faces at the Tata Group are exiting the country’s largest conglomerate amid a business upheaval and challenges caused by the pandemic. The design head of the group’s flagship Tata Motors, Pratap Bose, is leaving after a 14-year stint even as the homegrown automobile major searches for a CEO candidate to replace Guenter Butschek, who is on an extension till June-end. Richa Sharma of Tata Consumer Products too is on her way out after leading its packaged foods business for seven years. While Bose and Sharma are heading for greener pastures, others like TCS, Titan and Tata Elxsi’s chief financial officers V Ramakrishnan, S Subramaniam and Muralidharan H V, respectively, are superannuating. Recently, Renu Basu retired as senior VP (sales & marketing) at Indian Hotels Company (Taj) after more than a two-decade stint. ....
MUMBAI/CHENNAI: Several familiar faces at the Tata Group are exiting the country’s largest conglomerate amid a business upheaval and challenges caused by the pandemic. The design head of the group’s flagship Tata Motors, Pratap Bose, is leaving after a 14-year stint even as the homegrown automobile major searches for a CEO candidate to replace Guenter Butschek, who is on an extension till June-end. Richa Sharma of Tata Consumer Products too is on her way out after leading its packaged foods business for seven years. While Bose and Sharma are heading for greener pastures, others like TCS, Titan and Tata Elxsi’s chief financial officers V Ramakrishnan, S Subramaniam and Muralidharan H V, respectively, are superannuating. Recently, Renu Basu retired as senior VP (sales & marketing) at Indian Hotels Company (Taj) after more than a two-decade stint. ....