Credit Suisse downgrades Britannia, Pidilite as FMCG faces worst slowdown in 15 yrs The brokerage prefers Nestle India, Dabur India, Colgate Palmolive as they are turnaround stories on market share gains.
Tech Check: Contra view can be taken in RBL Bank; Nestle heading for Rs 14K We have collated a list of stocks that remained in focus on August 29 because of their price action. The technical outlook is limited to near and medium-term.
Stock alert | This FMCG major’s shares rose 23x in 10 years; will the rally last? In the last 2 years, from CY2016 to CY2018, Nestle's revenues have grown 22 percent and net profit increased by 73 percent.
Market Headstart: Nifty likely to open lower; Bata, ICICI Lombard top buys Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 0.32 percent loss or 35 points. Nifty futures were trading around 11,013-level on the Singaporean Exchange.
Stocks in the news: Nestle, Lakshmi Vilas Bank, Hexaware, Just Dial, Indiabulls Housing, JMC Projects Lakshmi Vilas Bank | Hexaware Technologies | Just Dial | Indiabulls Housing Finance and L&T Finance Holdings are stocks which are in the news today.
Stocks in the news: Nestle, Lakshmi Vilas Bank, Hexaware, Just Dial, Indiabulls Housing Lakshmi Vilas Bank | Hexaware Technologies | Just Dial | Indiabulls Housing Finance and L&T Finance Holdings are stocks which are in the news today.
'Current market weakness not similar to 2002-2003 crisis; bet on these 4 consumption stocks' FII's outflow, slower domestic growth, weaker rupee, fiscal deficit are major concerns that should be addressed soon.
Market Headstart: Nifty likely to open lower; NIIT Tech, Nestle top buy ideas Trends on SGX Nifty indicate a negative opening for the broader index in India, with 0.24 percent loss or 26 points. Nifty futures were trading around 10,906-level on the Singaporean Exchange.
Podcast | Stock picks of the day: Next immediate support for Nifty50 is placed at around 10,750 The next immediate support for Nifty50 is placed at around 10,750 and then towards 10,600 levels, while resistance is observed at 11,110 and then towards 11,200 levels.
A morning walk down Dalal Street | Sell-off could intensify if Nifty dips decisively below 10,900 The falling near the lower end of the range indicates the market is in bears' control, and rising volatility is giving putting sustained pressure at every bounce.
As per the NSE press release dated 20-Aug-19 (yesterday), there is a revision in eligibility criteria for inclusion of stocks in NIFTY indices. Post this revision, Nestle will qualify for inclusion in the Nifty Index.
Double-digit growth unlikely for FMCG sector, revival expected next year: Nestle Narayanan added that unlike other sectors as automobile etc, FMCG would not have a degrowth as it deals with essential items and the average ticket size of sale is lower as compared to others.
Stocks in the news: ITC, RIL, Nestle, NIIT, Coffee Day, DHFL, Union Bank, Bata India, JK Cement Nestle India | NIIT | Coffee Day Enterprises | DHFL | Union Bank | Bata India and JK Cement are stocks which are in the news today.
Trade Setup for Monday: Top 15 things to know before Opening Bell Jimeet Modi of SAMCO Securities said volatility has increased giving intraday traders good opportunities provided they are on the right side of the market
Nestle India June quarter net up 11% to Rs 438 cr Net sales during the quarter under review were up 11.35 per cent at Rs 2,982.83 crore as against Rs 2,678.57 crore in the year-ago period, Nestle said in a BSE filing.