APThe Dow Jones Industrial Average fell 29.20 points, or 0.09%, at the open to 33,705.68. The S&P 500 opened lower by 4.72 points, or 0.11%, at 4,394.23, while the Nasdaq Composite dropped 15.34 points, or 0.11%, to 13,645.37 at the opening bell.
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Strong Double-digit Earnings Growth Seen for Nifty Cos in Q1The Nifty 50 companies are expected to report robust year-on-year, double-digit earnings growth for the June quarter, helped by the stellar performance of select firms from sectors such as automobiles, banking and finance, and oil and gas.
Demand Recovers in June Qtr: Listed Consumer FirmsStock exchange-listed consumer-facing companies said the sequential moderation of inflation in the June quarter lifted consumer spending and demand though unseasonal rains in north India dented demand for summer products.
M&M in Talks for ₹5kcr EV Push from British Intl, OthersMahindra & Mahindra, India’s biggest sports utility vehicle maker by revenue, is in advanced talks with British International Investment (BII) and some other global investors to raise up to ₹5,000 crore ($605 million) for its electric vehicles (EV) unit, multiple people aware of development told ET.
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