FMCG shares weigh heavily on benchmark indices
Financial Express Kolkata|December 10, 2024
Sensex, Nifty drop for second session; GCPL, HUL, Dabur, Marico decline 3%
KISHOR KADAM

FAST-MOVING CONSUMER goods (FMCG) stocks, coupled with other geopolitical concerns, weighed on the benchmark indices on Monday, leading to a decline for the second straight session. After a range-bound trading session, the Sensex closed at 81,508.46, down 200.66 points or 0.25%. Similarly, the NSE's Nifty 50 ended lower at 24,619, falling by 58.80 points or 0.24%.

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Denne historien er fra December 10, 2024-utgaven av Financial Express Kolkata.

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Shriram Group arm raises $1.28-bn loan

SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.

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December 19, 2024
Financial Express Kolkata

Indices extend losing streak for third consecutive session

BENCHMARK INDICES FELL up to 0.62%, continuing their losing streak for the third straight session, as investors remained cautious ahead of the US Federal Reserve meeting outcome.

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December 19, 2024
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Rupee moves closer to 85/$

ON A SLIPPERY TRACK

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December 19, 2024
Financial Express Kolkata

Offshore instruments rule adds to compliance burden for FPIs: Experts

● Negligible trades with derivatives as underlying assets in last three years

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Financial Express Kolkata

Mobikwik debuts at 58% premium; ends opening day with 90% gains

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Financial Express Kolkata

New chapter: LEAD Group eyes premium schools

WESTBRIDGE CAPITAL-BACKED edtech unicorn LEAD Group has unveiled Pinnacle, a digital curriculum solution targeting high-fee schools, marking its shift from affordable institutions.

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December 19, 2024
Financial Express Kolkata

Country Delight starts 10-15 minute delivery

DIRECT-TO-CONSUMER dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space.

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1 min  |
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Financial Express Kolkata

Infosys inaugurates ₹426-cr development centre in Bengal

INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.

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December 19, 2024
Financial Express Kolkata

Subsea cables: Big Tech may get govt support

● Focus now on establishing repair & maintenance infra

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December 19, 2024
Financial Express Kolkata

Rental housing norms for factory workers this week

TO SUPPORT WORKERS' productivity for manufacturing growth, the Centre will unveil later this week the framework for affordable rental housing for industrial workers under a public-private partnership (PPP) model with likely viability gap funding (VGF) of around 40% of the project cost to private concessionaires, sources told FE.

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December 19, 2024