Getty ImagesJHS Svendgaard Laboratories(up 9.23%), Britannia Industries(up 3.99%), TATA CONSUMER PRODUCTS(up 3.91%), Nestle India(up 3.05%), Nakoda Group(up 2.89%), Heritage Foods(up 2.78%), Vadilal Industries(up 2.18%), Dabur India(up 1.64%), Marico(up 1.30%) and Colgate Palmolive(India)(up 1.04%) stood among the top gainers.
ADF Foods(down 3.16%), Varun Beverages(down 2.33%), Sheetal Cool Products(down 1.89%), Euro India Fresh Foods(down 1.80%), Parag Milk(down 1.60%), Zydus Wellness(down 1.39%), Jyothy Labs(down 0.58%), Gillette India(down 0.53%), Bajaj Consumer(down 0.45%) and Umang Dairies(down 0.42%) were among the top losers of the day.
The NSE Nifty50 index ended 127.4 points up at 18726.4, while the 30-share BSE Sensex closed up 350.08 points at 63142.96.
Britannia Industries(up 3.99%), TATA CONSUMER PRODUCTS(up 3.91%), Bharat Petroleum Corporation(up 3.36%), Nestle India(up 3.05%), HDFC LIFE INSURANCE(up 2.54%), JSW Steel(up 2.37%), Tata Steel(up 2.29%), Tata Motors(up 2.2%), SBI Life(up 1.86%) and Hero MotoCorp(up 1.83%) stood among the top gainers in the Nifty pack.
On the other hand, Cipla(down 1.19%), Kotak Mahindra Bank(down 1.0%), Bajaj Finance(down 0.48%), Mahindra & Mahindra(down 0.34%), Maruti Suzuki(down 0.29%), Adani Ports & Special Economic Zone(down 0.22%), ICICI Bank(down 0.2%) and UPL Ltd(down 0.01%) closed in the red.
Wednesday, 07 Jun, 2023- Front Page
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Auto Cos Await Clarity on PLI Subsidy for FY23More than a year after the ₹25,938 crore production-linked incentive (PLI) scheme for India's auto sector came into effect, qualified manufacturers await clarity on whether they will receive sops for the first year of the programme.
Byju’s Misses $40m Loan Payment, Sues LendersByju’s has sued its lender Redwood, an American investment management firm, and its related entities in the New York Supreme Court for accelerating the repayment of a $1.2 billion Term Loan B (TLB). This marks a new twist in the long-drawn saga playing out between the Indian edtech major and its lenders even as Byju’s missed its quarterly interest payment of about $40 million for the TLB that was due on June 5.
Sequoia India & SE Asia Split from USSequoia Capital, the marquee Silicon Valley investor in early-stage companies, has broken away from its India and China partnerships, signalling a retreat from Asia for the fund that had backed technology giants Apple and Google in its early days.
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