FMCG major Patanjali Foods reported a 60% jump in its consolidated net profit for the December-ended quarter at Rs 594 crore compared to Rs 371 crore reported in the year ago period. The company’s revenue from operations recorded a 17% growth at Rs 10,484 crore in Q3FY26 versus Rs 8,997 crore posted in the corresponding…
The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull as financial and auto stocks—typically sensitive to interest-rate moves—led the advance after the Reserve Bank of India cut its policy rate by 25 basis points. The S&P BSE Sensex climbed 447 points, or 0.52%, to close at 85,712.37, while…
The Indian market closed higher on Thursday, with the Sensex and Nifty snapping a four-session losing run, lifted by IT shares ahead of the Reserve Bank of India’s policy decision on Friday.The S&P BSE Sensex rose 158 points, or 0.19%, to close at 85,265.32, while the NSE Nifty 50 advanced 48 points, or 0.18%, to…
After ending in the negative for three straight weeks, Nifty has remained above the 50-day exponential moving average (50EMA) and appears poised for a short-term pullback following the recent decline, says Rupak De, Senior Technical Analyst at LKP Securities. Edited excerpts from a chat: Nifty ended in the red zone for the third consecutive week….