News for 'Nestle'

BSE-listed firms' m-cap jumps to all-time high of Rs 304.53 lakh crore

BSE-listed firms' m-cap jumps to all-time high of Rs 304.53 lakh crore

Rediff.com19 Jul 2023

The market capitalisation of BSE-listed firms jumped to an all-time high of Rs 304.53 lakh crore on Wednesday, buoyed by an unprecedented rally in equities where the BSE benchmark Sensex ended over the 67,000-mark for the first time ever. Rallying for the fifth day running, the 30-share BSE Sensex climbed 302.30 points, or 0.45 per cent, to end at its lifetime closing high of 67,097.44 points. During the day, it jumped 376.24 points, or 0.56 per cent, to reach its all-time intra-day peak of 67,171.38 points.

Banking, financial stocks drag markets down

Banking, financial stocks drag markets down

Rediff.com15 Jun 2023

Wipro was the biggest loser in the Sensex pack, slipping nearly 2 per cent, followed by IndusInd Bank, State Bank of India, Kotak Mahindra Bank, ICICI Bank, HDFC Bank, Infosys, Tata Consultancy Services, HDFC and Bajaj Finserv. On the other hand, Nestle, Mahindra & Mahindra, ITC, HCL Technologies, Asian Paints and Maruti were among the gainers.

Sensex closes above 66,000-mark for 1st time

Sensex closes above 66,000-mark for 1st time

Rediff.com14 Jul 2023

Benchmark BSE Sensex closed above the historic 66,000-mark for the first time while NSE Nifty hit a new all-time closing high driven by heavy buying in IT counters and fresh foreign fund inflows. Optimism in global equity markets also helped the local markets maintain their winning momentum for a second day. The 30-share BSE Sensex jumped 502.01 points or 0.77 per cent to settle at its new all-time closing high of 66,060.90.

Sensex breaches record 66,000-mark, Nifty scales fresh lifetime high

Sensex breaches record 66,000-mark, Nifty scales fresh lifetime high

Rediff.com13 Jul 2023

Power Grid, HCL Technologies, Asian Paints, Hindustan Unilever, Maruti and Nestle were among the laggards. Shares of HCL Technologies were trading over 1 per cent lower even after the company reported a 7.6 per cent year-on-year rise in June quarter net profit on the back of new order wins.

Markets end higher for 2nd day amid firm global trend

Markets end higher for 2nd day amid firm global trend

Rediff.com22 Mar 2023

Among the Sensex stocks, Bajaj Finance, Bajaj Finserv, Sun Pharma, IndusInd Bank, Tata Motors, ICICI Bank, Tata Consultancy Services, Hindustan Unilever and Power Grid were the major gainers. NTPC, Axis Bank, Nestle, HCL Technologies and HDFC Bank were the major laggards.

Sensex gains 179 points in highly volatile trade

Sensex gains 179 points in highly volatile trade

Rediff.com10 May 2023

Among the Sensex firms, IndusInd Bank, Power Grid, Tata Motors, Bajaj Finance, NTPC, HDFC Bank, Reliance Industries, Nestle and Kotak Mahindra Bank were the major gainers. Infosys, State Bank of India, Tata Steel, Hindustan Unilever and Titan were the major laggards.

Markets rebound over 1%; Sensex ends up 710 points

Markets rebound over 1%; Sensex ends up 710 points

Rediff.com8 May 2023

Among the Sensex firms, IndusInd Bank jumped 5.08 per cent. The other winners were Tata Motors, Bajaj Finance, Bajaj Finserv, NTPC, HCL Technologies, Mahindra & Mahindra, Axis Bank, Maruti and Kotak Mahindra Bank. Value buying in index heavyweights Reliance, HDFC Bank and ICICI Bank added to the momentum. Sun Pharma, Larsen & Toubro and Nestle were the laggards.

BFSI, oil & gas sectors key drivers of India Inc earnings as IT slips

BFSI, oil & gas sectors key drivers of India Inc earnings as IT slips

Rediff.com7 Nov 2023

Even as the slowdown in the information technology (IT) services sector deepens, banking, financial services and insurance (BFSI), as well as oil and gas companies, emerge as the primary drivers of corporate earnings in the country. The IT services sector's share in corporate earnings declined to a five-year low of 17.4 per cent in the second quarter (Q2) of 2023-24 (FY24), whereas banks and finance companies accounted for 46.5 per cent, and oil and gas firms contributed 16.8 per cent. At their peak, IT services firms like Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro represented just over a third of the combined net profit of all listed companies in the Business Standard sample.

Markets end in red; Sensex down 161 points

Markets end in red; Sensex down 161 points

Rediff.com3 May 2023

Benchmark indices ended lower on Wednesday, halting their eight days of rally, ahead of the US Federal Reserve's interest rate decision and mixed global market trends. Also, fall in index majors Reliance Industries, Tata Consultancy Services, Infosys and Larsen & Toubro added to the weak trend in equities. The 30-share BSE Sensex declined 161.41 points or 0.26 per cent to settle at 61,193.30.

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

Rediff.com5 Jul 2023

The market capitalisation of BSE-listed firms reached an all-time high of Rs 299.90 lakh crore on Wednesday despite the Sensex falling marginally after a remarkable record-breaking rally in the last few trading sessions. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04, after rallying in the past five trading straight sessions. During the day, the benchmark hit a low of 65,256.49 and a high of 65,584.33.

Markets end in red; Sensex down 194 points

Markets end in red; Sensex down 194 points

Rediff.com1 Jun 2023

From the Sensex pack, Bharti Airtel fell 3.42 and Kotak Mahindra Bank declined 3.31 per cent. ICICI Bank, ITC, HDFC Bank, UltraTech Cement, HCL Technologies and Maruti were the other major laggards. Tata Motors, Hindustan Unilever, Asian Paints, Sun Pharma, Nestle, Tata Consultancy Services, Wipro, Bajaj Finance, Axis Bank and IndusInd Bank were among the gainers.

Sensex revisits 61K, Nifty above 18K; RIL, ITC spurt

Sensex revisits 61K, Nifty above 18K; RIL, ITC spurt

Rediff.com28 Apr 2023

Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it rallied 560.08 points or 0.92 per cent to 61,209.46.

Sensex jumps 418 points to 6-month high

Sensex jumps 418 points to 6-month high

Rediff.com13 Jun 2023

From the Sensex pack, ITC, Titan, Asian Paints, Reliance, Tata Steel, Bajaj Finserv, Axis Bank, Hindustan Unilever, Infosys, Bajaj Finance, Nestle and ICICI Bank were the major gainers. Kotak Mahindra Bank, Mahindra & Mahindra, HCL Technologies, State Bank of India, Bharti Airtel and Tata Motors were among the laggards.

Sensex rallies 350 points to reclaim 63,000-mark

Sensex rallies 350 points to reclaim 63,000-mark

Rediff.com7 Jun 2023

From the Sensex pack, Nestle, Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were the major gainers. Kotak Mahindra Bank, Maruti, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were the laggards.

Sensex surges 302 points to new closing high of 67,097

Sensex surges 302 points to new closing high of 67,097

Rediff.com19 Jul 2023

From the Sensex pack, NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Motors, ITC, Power Grid and Larsen & Toubro were the biggest gainers. IndusInd Bank climbed 2 per cent after the company on Tuesday reported a 30 per cent jump in consolidated net profit in April-June quarter at Rs 2,124.50 crore, helped by core income growth and lower bad loan provisions.

Oil, banking stocks drag Sensex down 184 points

Oil, banking stocks drag Sensex down 184 points

Rediff.com18 Apr 2023

Among the Sensex firms, Power Grid, UltraTech Cement, Titan, Reliance Industries, Bajaj Finance, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services, Tech Mahindra, ITC and HDFC Bank were the major laggards. HCL Technologies, IndusInd Bank, Wipro, Nestle, Maruti, Larsen & Toubro and Asian Paints were among the gainers.

Sensex climbs 240 points on buying in index heavyweights

Sensex climbs 240 points on buying in index heavyweights

Rediff.com5 Jun 2023

From the Sensex pack, Mahindra & Mahindra climbed 3.81 per cent and Axis Bank advanced 2.68 per cent, followed by Tata Motors, Larsen & Toubro, Tata Steel, ICICI Bank, Reliance Industries, Maruti, IndusInd Bank and Sun Pharma. Asian Paints, Tech Mahindra, Nestle, Hindustan Unilever, Kotak Mahindra Bank and ITC were among the laggards.

Markets close on mixed note; Sensex slides, Nifty gains

Markets close on mixed note; Sensex slides, Nifty gains

Rediff.com5 Jul 2023

Equity benchmark indices ended flat on Wednesday with Sensex sliding 33 points and Nifty gaining 9 points after an unabated record-breaking rally in the last few trading sessions. Weak global market trends and fall in HDFC twins also spoiled markets party. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.

Nestle, Pepsi, Coke line up Rs 42.75 bn for India

Nestle, Pepsi, Coke line up Rs 42.75 bn for India

Rediff.com13 Oct 2008

Mature markets globally have either become saturated or have slowed down. The emerging markets have therefore become strategically important for these companies. The contribution of Indian operations to the global sales of these multinational behemoths is still small -- 1.5 to 3 per cent -- but this share is bound to grow given the buoyancy in the Indian market.

AFC U-17 Asian Cup: Thokchom helps India hold Vietnam

AFC U-17 Asian Cup: Thokchom helps India hold Vietnam

Rediff.com17 Jun 2023

Vietnam took the lead against the run of play in the dying minutes of the first half, when they cleared a corner by Danny, and Long Vu darted off past the half-line to initiate a counter-attack. He swiftly ran into the Indian box and slotted it into the net.

No Pasta in Italy!

No Pasta in Italy!

Rediff.com8 Dec 2023

Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.

Sensex rises 123 points to close at five-month high

Sensex rises 123 points to close at five-month high

Rediff.com12 May 2023

Benchmark BSE Sensex recovered from early lows to close at a five-month high on Friday, riding on gains in banking and auto stocks ahead of the release of key inflation data. The 30-share index gained 123.38 points or 0.20 per cent to settle at 62,027.90, the highest closing level since December 12, 2022. The barometer opened lower due to early weakness in energy, power and IT stocks and touched a low of 61,578.15 in the day trade.

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Markets crash: Investors' wealth falls by Rs 3.46 lakh cr

Rediff.com2 Aug 2023

Investors' wealth eroded by Rs 3.46 lakh crore on Wednesday as equity markets took a sharp tumble amid weak global trends and foreign fund outflows. The 30-share BSE Sensex fell by 676.53 points or 1.02 per cent to settle at 65,782.78. During the day, it plunged 1,027.63 points or 1.54 per cent to 65,431.68. In line with the weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 3,46,947.54 crore to Rs 3,03,33,258.69 crore.

BSE, NSE settle flat in volatile trade; IT stocks play spoilsport

BSE, NSE settle flat in volatile trade; IT stocks play spoilsport

Rediff.com6 Jun 2023

UltraTech Cement was the biggest gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra. In contrast, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Bharti Airtel, HCL Technologies, ICICI Bank and Nestle were among the laggards.

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Rediff.com3 Jul 2023

From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.

Sensex gains 126 points in volatile trade

Sensex gains 126 points in volatile trade

Rediff.com3 Jan 2023

Equity benchmarks ended with gains on Tuesday amid a largely firm trend in global markets after facing bouts of volatility during the session. The 30-share BSE Sensex climbed 126.41 points or 0.21 per cent to settle at 61,294.20. During the day, it hit a high of 61,343.96 and a low of 61,004.04.

Sensex climbs 349 points; Nifty nears 18K

Sensex climbs 349 points; Nifty nears 18K

Rediff.com27 Apr 2023

From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.

Sensex falls below 65K; IT, metal stocks weigh

Sensex falls below 65K; IT, metal stocks weigh

Rediff.com19 Aug 2023

Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined 202.36 points or 0.31 per cent to settle at 64,948.66.

'Modi and Trudeau will sacrifice our dreams'

'Modi and Trudeau will sacrifice our dreams'

Rediff.com9 Oct 2023

As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.

Markets end in green; Sensex jumped 361 points

Markets end in green; Sensex jumped 361 points

Rediff.com27 Dec 2022

Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets. Extending its previous day's rally, the 30-share BSE Sensex jumped 361.01 points or 0.60 per cent to settle at 60,927.43. During the day, it rallied 420.26 points or 0.69 per cent to 60,986.68.

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Reliance climbs 8 spots to 45th rank on Forbes' Global 2000 list

Rediff.com13 Jun 2023

Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.

Markets jump over 1%; Sensex ends up 721 points

Markets jump over 1%; Sensex ends up 721 points

Rediff.com26 Dec 2022

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners. Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

Markets climb nearly 1%; Sensex ends up 468 points

Markets climb nearly 1%; Sensex ends up 468 points

Rediff.com19 Dec 2022

From the Sensex pack, Mahindra & Mahindra, Power Grid, Bharti Airtel, Bajaj Finserv, HDFC, Hindustan Unilever, Maruti, ITC, Titan, Nestle, Bajaj Finance and Reliance Industries were the major winners.

The Archies Review: Return To Innocence

The Archies Review: Return To Innocence

Rediff.com7 Dec 2023

The Archies is an evergreen thought passed on from generation to generation. But Sukanya Verma wishes it had some of the comic's tee-hee humour and hyuk hyuk too.

Sensex pares early gains; ends down 304 points

Sensex pares early gains; ends down 304 points

Rediff.com5 Jan 2023

From the Sensex pack, Bajaj Finance tanked 7.21 per cent. The other major laggards were Bajaj Finserv, ICICI Bank, Infosys, Titan, Power Grid, Axis Bank, HDFC Bank, Tech Mahindra, Wipro and Bharti Airtel. ITC, Hindustan Unilever, NTPC, Mahindra & Mahindra, Nestle and Larsen & Toubro were the major winners.

Sensex up 234 points on buying in RIL, IT stocks

Sensex up 234 points on buying in RIL, IT stocks

Rediff.com22 May 2023

Among the Sensex firms, Tech Mahindra, Wipro, Infosys, Tata Consultancy Services, HCL Technologies, Larsen & Toubro, ITC, Sun Pharma, NTPC and Titan were the major gainers. Nestle, Axis Bank, Tata Motors, ICICI Bank, HDFC Bank and Bharti Airtel were the laggards.

Higher taxes, competition weigh on liquor stocks

Higher taxes, competition weigh on liquor stocks

Rediff.com23 Jul 2023

Stocks of alcoholic beverage makers have corrected over the last few trading sessions on worries that taxes, competition and costs will hurt sales and profitability. The recent trigger for the decline is Karnataka, which accounts for 15 per cent of overall liquor consumption, increasing duties. The state increased by 20 per cent the additional excise duty on Indian-made foreign liquor (IMFL) on all slabs.

Markets fall nearly 1%; Sensex ends down 502 points

Markets fall nearly 1%; Sensex ends down 502 points

Rediff.com2 Mar 2023

From the Sensex pack, Maruti, Axis Bank, Tata Consultancy Services, Nestle, Infosys, Mahindra & Mahindra, Tech Mahindra and Bharti Airtel were the major laggards. Power Grid, Sun Pharma, HCL Technologies, Larsen & Toubro and UltraTech Cement were the gainers.

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Rediff.com18 Jan 2023

Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and foreign funds inflows. Recovery in most of the Asian markets and positive start in European equity exchanges also added to the momentum. The 30-share BSE Sensex climbed 390.02 points or 0.64 per cent to settle at 61,045.74.

Markets end higher on foreign fund inflows; Sensex up 242 points

Markets end higher on foreign fund inflows; Sensex up 242 points

Rediff.com2 May 2023

From the Sensex firms, Tech Mahindra, NTPC, Tata Steel, Maruti, Infosys, Power Grid, Larsen & Toubro, Axis Bank, Titan, Reliance Industries, Wipro and Mahindra & Mahindra were the biggest gainers. Sun Pharma, UltraTech Cement, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, State Bank of India and Nestle were among the laggards.