Getty ImagesFuture Consumer(up 5.00%), Parag Milk(up 3.23%), Mrs Bectors Food Specialities(up 2.69%), Prataap Snacks(up 2.60%), JHS Svendgaard Laboratories(up 2.34%), Sheetal Cool Products(up 1.90%), Nestle India(up 1.75%), Bajaj Consumer(up 1.67%), TATA CONSUMER PRODUCTS(up 1.67%) and P & G Hygiene(up 1.60%) stood among the top gainers.
Dangee Dums(down 3.37%), Nakoda Group(down 2.38%), ADF Foods(down 0.73%), Hindustan Foods(down 0.66%), Dodla Dairy(down 0.64%), Jyothy Labs(down 0.51%), Heritage Foods(down 0.39%) and Umang Dairies(down 0.25%) were among the top losers of the day.
The NSE Nifty50 index ended 44.35 points up at 17813.6, while the 30-share BSE Sensex closed up 169.87 points at 60300.58.
Power Grid Corporation of India(up 2.32%), Nestle India(up 1.75%), TATA CONSUMER PRODUCTS(up 1.67%), IndusInd Bank(up 1.43%), Larsen & Toubro(up 1.25%), HCL Technologies(up 1.15%), SBI Life(up 1.13%), Axis Bank(up 1.06%), Tata Motors(up 0.98%) and Eicher Motors(up 0.94%) stood among the top gainers in the Nifty pack.
On the other hand, Hindalco Industries(down 1.16%), Adani Ports & Special Economic Zone(down 1.01%), Bajaj Auto(down 1.0%), Bajaj Finserv(down 0.82%), NTPC(down 0.73%), Reliance Industries(down 0.59%), Kotak Mahindra Bank(down 0.57%), Bajaj Finance(down 0.32%), Wipro(down 0.29%) and Coal India(down 0.22%) closed in the red.
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- Macro Stability to Help Sustain Growth: Finmin
Increased macroeconomic stability has made India’s growth rate sustainable, the finance ministry said on Tuesday but called for vigilance against risks from El Nino-triggered drought conditions, geopolitical developments and global financial turmoil.
Airtel Weathered Storms to Emerge as Strong InstitutionBharti Airtel has overcome existential crises in 2003 (intense competition) and 2020 (Supreme Court’s AGR verdict) as well as the ‘tsunami’ of 2016 (Reliance Jio’s launch) to emerge as an institution that is a national asset, said chairman Sunil Mittal.
Vedanta Very Comfortable; Concerns Over its Debt Situation MisplacedVedanta Group chairman Anil Agarwal on Tuesday said Vedanta Resources (VRL), holding company of the mining and metals conglomerate, is well-positioned to meet its future debt obligations, and that concerns around the group being over-leveraged are misplaced.
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