Consumer Stocks

In addition to rural schemes, normal monsoons are expected to sustain the rally of consumer majors

Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23

In the last six months, the Nifty Consumption index has rallied 12 per cent as compared to the 3 per cent surge in the Nifty50 index, data showed

NEW YORK (Reuters) - European stocks slid and U.S. shares wavered on Wednesday as the outlook for rate hikes sullied sentiment, while bond yields rose after euro zone gross domestic product beat expectations, adding to bets of a more hawkish European Central Bank.

The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then

Regulators need to be watchful about sensitive financial data

In the past two trading days, these stocks have rallied in the range of 10 to 18 per cent, as compared to a 9 per cent gain in the benchmark S&P BSE Sensex.

At the bourses, Pidilite, Asian Paints, Berger Paints, Nestle and Marico have gained up to 24 per cent on a year-to-date (YTD) basis. In comparison, the Nifty50 has added nearly 1.5 per cent.

Both sectors combined account for 35% of market cap, up from 12.2% in March 2008

Faster growth in rural business vis-a-vis urban, as seen in Q4, led by the revival in the rural economy, is a key reason

Going ahead, analysts now expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment