The market has remained in a positive state of mind, has come off its intra-day low and has finally ended the day in positive territory.
The 50-share NSE Nifty ended flat, up by 9.85 points, or 0.09 per cent, at 10,399.55.
'That it is happening in the second half of the year, during the festive season, will only encourage many to step up advertising.'
The move aims to increase operating efficiency and establish greater autonomy at the operating level in the company's India operations.
Plans to cover long distance gas pipelines would mean increase in demand for steel pipes and tubes.
Insurance, telecom, infrastructure, FMCG and energy are unlikely to downsize; Elsewhere, only top performers are safe.
The NSE Nifty settled the day 96.80 points, or 0.94 per cent lower, at 10,224.95
In terms of industries, 16 out of 23 industry groups in the manufacturing sector have shown positive growth during December 2017 as compared to the same month year ago.
The market has remained in a mixed state of mind, has come off its intra-day high and has finally ended the day in positive territory.
The company has entered into a brand licensing agreement with Global Brands Enterprise Solutions, a firm promoted by Chinese white goods player Haier's former India head Pranay Dhabhai.
Domestic producers of hot rolled steel, the intermediate that is used by automobile and consumer durables manufacturers, have emphatically ruled out the possibility of dropping prices ahead of the imposition of a safeguard duty on imports.
The markets registered fresh intra-day lows through the afternoon session.
The company said it would hire 2,150 this year and top it up with another 3,850 in 2012, in contrast to Panasonic Corp's massive job cuts plan by 2013.
G P Birla, noted industrialist and the second most eldest member of the Birla clan, passed away after a brief illness in Kolkata on Friday evening. Birla, 86, was younger to his cousin B K Birla, who is now 90. His father, late B M Birla, was the founder of the GP-CK Birla group which has interests in automobiles, bearings, earthmoving, power transmission equipment, cement, fan, IT and consumer durables among others.
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
With the new focus, the firm is doubling its advertising and marketing spending to Rs 100 crore this year on new campaigns for its products.
Consumer Durables, FMCG, IT, Auto, Metal & PSU, Banks, Capital Goods, Oil, Realty & Healthcare have ended negative in varying degrees while no sector has ended in positive territory.
As freebies/gift vouchers attract GST, retailers are opting for straight discounts this festive season.
Banks, Capital Goods, Oil, Realty & Healthcare have ended positive in varying degrees while Consumer Durables, FMCG, IT, Auto, Metal & PSU's has ended in negative territory.
The wider NSE Nifty too fell by 20.15 points or 0.19 per cent to end at 10,749.75.
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