AgenciesUmang Dairies(up 6.92%), Future Consumer(up 5.00%), Bajaj Consumer(up 2.83%), Heritage Foods(up 1.87%), Mrs Bectors Food Specialities(up 1.62%), P & G Hygiene(up 1.57%), Adani Wilmar(up 1.45%), JHS Svendgaard Laboratories(up 1.14%), Vadilal Industries(up 1.06%) and Sheetal Cool Products(up 1.01%) were among the top gainers.
ADF Foods(down 2.26%), Gillette India(down 1.70%), Parag Milk(down 1.49%), Prataap Snacks(down 1.43%), Dabur India(down 1.39%), Godrej Consumer Products(down 1.19%), Dangee Dums(down 1.07%), Britannia Industries(down 0.63%), Nakoda Group(down 0.45%) and Emami(down 0.41%) were among the top losers.
The NSE Nifty50 index was trading 96.2 points up at 19807.65, while the 30-share BSE Sensex was up 392.8 points at 66982.73 at around 11:12AM.
Adani Enterprises(up 1.92%), Infosys(up 1.84%), ICICI Bank(up 1.68%), NTPC(up 1.18%), Axis Bank(up 1.16%), Reliance Industries(up 1.16%), Oil & Natural Gas Corporation(up 0.93%), Bajaj Auto(up 0.92%), Larsen & Toubro(up 0.74%) and Adani Ports & Special Economic Zone(up 0.7%) were among the top gainers in the Nifty pack.
Tuesday, 18 Jul, 2023- Front Page
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Bulls Extend Record Run, Ignore Asia, Europe BearsIndian equity gauges Monday soared to fresh highs after shrugging off concerns of tepid Chinese growth as robust earnings at HDFC Bank, which dwarfed Morgan Stanley in market value on the first day of trading as a merged entity, helped extend the recent bullish momentum paced by sustained overseas buying in domestic risk assets.
India Inc Likely to ‘Ad’ 20-25% to its H2 Spends this YrAdvertising and consumer promotion expenditure is expected to surge a record 20-25% year-on-year in the second half of 2023, spurred by factors such as the Cricket World Cup, a rainy summer that has led companies to postpone ad spends, and the festive season, said executives.
Dunzo Eyes $20m More from Rel RetailDunzo is seeking at least $20 million (about ₹165 crore) more from Reliance Retail, its largest shareholder, after the cash-strapped quick commerce startup fell short of its target to raise $75 million by offering convertible notes, people aware of the discussions said.
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