Why valuation of FMCG sector is likely to be attractive

The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per......

Stock Market: Which Sectors Delivered?

The biggest bounce is in the realty sector, where the industry index jumped 80%.There's been a turnaround also in automobiles and ancillaries (up 45%).The pharma and health care indices have a......

With rains at unprecedented low in August, kiranas keep less stocks

With the rains at unprecedented low in August, kiranas are thinking twice before stocking up on goods. Photograph: PTI Photo from the Rediff Archives “With August 2023 rain shortfall at......

India to clock GDP growth of 6.5% in FY'24; to meet fiscal deficit target of 5.9%: CEA

Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. IMAGE: India's Chief......