Mumbai: India’s stock indices climbed 1% each on Thursday as the pace of selling by overseas investors slowed, while buyers cheered second-quarter earnings on expectations of a trade truce between Washington and New Delhi. Analysts said the Nifty can inch toward 26,000 levels in the next couple of weeks, but post Diwali, the continuation of…
Shares of Nestle India rose 5% to hit the day’s high of Rs 1,281 on the NSE on Thursday, October 16, after the company announced its Q2FY26 results. Investor sentiment improved as both total and domestic sales registered double-digit growth of 10.9% and 10.8%, respectively, marking a rebound after several quarters of single-digit growth. The…
Indian equity markets extended losses on Friday amid rising anxiety over the pending India-US trade deal, weak corporate earnings, and persistent foreign investor selling. Key indices dropped nearly 1 per cent, with most sectors and broader markets in the red. As of 2:53 PM IST, the BSE Sensex had declined 748.22 points (0.91 per cent)…
Shares of Nestle India Ltd continued their downward trend on Friday, falling for a second consecutive session after the FMCG major posted weaker-than-expected Q1 FY26 results. The stock slipped as much as 2 per cent to an intra-day low of Rs 2,269.85 on the BSE, extending its two-day loss to nearly 7 per cent. As of…
FMCG major Nestle India’s board is set to meet today (June 26) to consider its first ever bonus share issuance. Bonus shares are the additional shares issued for free to the company’s existing shareholders in the ratio of their existing shareholding. Earlier last week, the company announced that its board meeting is scheduled to held on…