AgenciesGujarat Mineral Dvpt Corporation(up 7.36%), MOIL(up 2.67%), Pokarna(up 2.48%), Ashapura Minechem(up 2.13%), Orissa Minerals Development Company(up 1.12%), Coal India(up 0.81%), Oriental Trimex(up 0.70%), Aro Granite Industries(up 0.51%) and NMDC Ltd(up 0.09%) were among the top gainers.
KIOCL(down 1.55%), Lexus Granito(down 1.48%), Sandur Manganese & Iron Ores(down 1.33%) and Madhav Marbles and Granites(down 0.39%) were among the top losers.
The NSE Nifty50 index was trading 29.45 points up at 19436.15, while the 30-share BSE Sensex was up 15.77 points at 64958.17 at around 10:44AM.
Bharat Petroleum Corporation Ltd.(up 3.13%), Adani Ports & Special Economic Zone Ltd.(up 1.9%), Cipla Ltd.(up 1.63%), Dr. Reddy's Laboratories Ltd.(up 1.47%), Divi's Laboratories Ltd.(up 1.38%), Asian Paints Ltd.(up 1.16%), Adani Enterprises Ltd.(up 1.14%), Grasim Industries Ltd.(up 0.92%), Coal India Ltd.(up 0.77%) and Sun Pharmaceutical Industries Ltd.(up 0.71%) were among the top gainers in the Nifty pack.
Wednesday, 08 Nov, 2023
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FMCG Sales Climb as Rural Demand Sees Green ShootsIndia’s packaged consumer goods grew 9% by value and 8.6% by volume in the September quarter from the year earlier, aided by higher spending in rural India for both essentials and discretionary products, researcher NielsenIQ said.
In India, 200 M Users is a Relatively Small Number; We’ve Room to GrowSnap Inc, parent company of messaging app Snapchat, made news for doubling its user base in India to 200 million within the space of a year, buoyed by greater adoption of new products such as short video offering Spotlight that is taking on the likes of Instagram Reels and YouTube Shorts.
Capex Hikes may Go in Slow Lane to Trim Fiscal DeficitThe finance ministry has started discussions on reducing the pace of increase in capital spending in the interim budget for FY25 to align expenditure with the proposed fiscal consolidation glide path, said an official aware of the talks.
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