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Shares of Kalyan Jewellers were the top gainer at 6.2%. PC Jeweller, RBZ Jeweller and Vaibhav Global rose between 1.7% and 5%. Titan inched 0.1% higher. TBZ fell 1.8% and Senco Gold fell 1.7%.
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News and Media
Incidentally, the silver lining has been the underlying volume growth at 4% - the highest in the past five quarters - aided by the spending on advertising and promotion. The company spent nearly 11% of its revenues on advertising. It took price corrections especially in fabric wash and household care products - passing on the benefit accruing from the softening of commodity prices.
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News and Media
After the budget, global brokerage Jefferies upgraded the stock from hold to buy and raised the target price to 585 from 435, citing ITC's clear advantage. The stock, which surged 17% in the past month compared to a 3.6% gain in the Sensex, ended at 494 on Wednesday, up 0.4%.
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News and Media
ET spoke to three top wealth managers for their portfolio recommendations for an investable sum of Rs 20 lakh. All three of them still recommend a majority allocation of 60-70% to equities and the rest to debt and gold.
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News and Media
The study showed 76% of these traders in intraday segment were under the age of 30 years. The share of traders less than 30 years of age grew to 48% in FY23 from 18% in FY19.
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News and Media
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