As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
"On demonetisation, across the board for pretty much all of industry, and CPG (Consumer Packaged Goods) in particular because it hit the individual retailer significantly, demonetisation had a significant impact on our India business in Q4," Nooyi said during an earnings call for Pepsi's fourth quarter that ended on December 2016.
'Vaccination is very important for an economy to start functioning properly.'
Converts part of fixed salary component into variable one
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
Markets ended weak tracking the expiry of April derivative contracts.
'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).
Stock markets will remain closed on Tuesday
Stating that implementation of the demonetisation policy had its "share of challenges", Nooyi hoped that things will return to normal by the second quarter.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
Shares of RIL ended 2.4% higher as it pips TCS to become most valued firm
RIL's profit before interest and depreciation increased by 8%.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
Markets end almost flat, bluechips in focus.
And why markets could give up 25 per cent of all these gains made since March 2020
Analysts welcomed the better Q2 GDP readings of 4.8 per cent, which came in above their expectations, but warned that the planned expenditure cuts by the government will be the key thing to watch out going forward.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
HDFC Bank was the top loser in the Sensex pack, falling 2.99 per cent, followed by Adani Ports at 2.87 per cent.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Companies from the capital goods space will under-perform.
Company says integration of various businesses will reap fruit.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
Cement shares have been outperformers on the stock market
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
Calling out the high real interest rates -- the differential between the policy rate and headline inflation -- as an impediment to investment, the SBI report said the RBI can cut rates by 0.35-0.50 per cent at its next policy announcement.
Standard Chartered on Friday lowered India's growth forecast for the current financial year to 4.7 per cent from earlier 5.5 per cent, citing "upside risks" to inflation and fiscal deficit.
Analysts predict TCS's outlook to be stable.
After a robust Q4 FY14, thanks to election spends on advertising across platforms, media entities might see slightly lower ad revenue growth at 12 to 14 per cent.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
While the RBI can nudge things along, ultimately bank owners must recapitalise and review internal processes to ensure that a culture of irresponsible lending doesn't continue, says Devangshu Datta.
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
