Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July.
Double whammy for consumer firms, where the top line will remain subdued due to demonetisation and margins will squeeze owing to a crude oil spike and rupee depreciation, reports Viveat Susan Pinto/Business Standard from Mumbai.
The 55-year-old executive takes over on August 1.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
While both Dabur and HUL have been aggressive in the 'naturals' market with new launches across its portfolio, unchecked distribution expansion and inconsistent quality of products have also been at the heart of Patanjali's problems.
The broader markets also ended lower in line with the benchmark indices
The 30-share Sensex ended down 215 points at 27,011.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
Two out of three times, the market has delivered positive returns.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Financials were the top losers after sharp gains in the previous session along with ITC
The Sensex ended lower on unfavourable cues.
This is the highest closing for both the indices since May 15.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.
Vinita Bali to lead global ops, new business growth; COO Berry to head India operations.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
HDFC and HUL are the latest entrants in the club
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
Oil and gas sectot may not put up good numbers in Q4.
Consolidation is the prime mood of the Indian equity market at the moment.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
IT and pharma companies again save the day; mask pain in domestic consumption.
Bluechips underperform in recent rally.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
According to analysts, winning back consumers' trust in instant noodles won't be easy for any player.
Nescaf is leading the company's efforts to widen the public lens on its portfolio of brands
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
A mixed global trend and weakness in rupee influenced the sentiments during the day.
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