United Spirits on Saturday reported a 25% increase in its December quarter consolidated net profit at Rs 418 crore compared to Rs 335 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the holding company. The company’s revenue from operations stood at Rs 7,942, up nearly…
Markets started the week on a weak note and declined nearly half a percent, pressured by negative cues. From a technical perspective, analysts say the Nifty’s break below the key support zone near 25,600 signals a continuation of the near-term corrective trend, with the next support placed around the 25,300–25,400 range. “In the event of…
The Indian market eased on Wednesday, snapping a four-session winning run, as investors booked profits, with financial shares leading losses. The weakness in banks outweighed gains in IT stocks ahead of the quarterly results. The S&P BSE Sensex fell 153 points, or 0.19%, to close at 81,773.66, while the NSE Nifty 50 declined 62 points,…