Market News

Sensex rises 291 points, Nifty tops 24,100 on cooling crude and FII support

Domestic equities advanced on Monday as cooling oil prices and fresh FII inflows fuelled risk appetite. Buying in heavyweight Reliance Industries and healthcare counters propelled the Nifty past the 24,100 level. The gains were partly offset by weakness in consumer durables and FMCG stocks.

Tata Consumer Share Price Live Updates: Tata Consumer's Market Update

Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service

India draft rules require satcom firms like Starlink, Eutelsat OneWeb and Jio Satcom to obtain security clearance and central approval before using administratively assigned spectrum

Nomura expects shares of this drugmaker to rise 37% on renewed branded generics, consumer biz focus

Nomura, in its note, said that Dr. Reddy's Laboratories has sharpened its focus on branded generics and consumer business, a shift reflected in acquisitions, organic investments and recent changes to the management council.

Reliance shares rise 3% as brokerages highlight AI, consumer business, New Energy to drive growth

Reliance share price opened at ₹1,324.90 against its previous close of ₹1,309.35 and climbed 2.76% to an intraday high of ₹1,345.45.

LG Electronics remains Chola Securities' top pick in the consumer durables space

Dharmesh Kant, Head of Research at Chola Securities, believes Reliance Jio's upcoming IPO is fairly valued and could deliver 20-25% listing gains as investors assign a premium to emerging businesses such as AI, data centres and satellite services. He expects these segments to contribute more than half of Jio's revenue over the next decade. Kant is positive on consumer durables and LG Electronics, remains cautious on IT stocks beyond short-term trading opportunities, and sees limited structural upside in paint companies despite improving margins. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Voltas shares soar 5% as firm’s AC sales cross 1 million mark in record time in Q1 FY27

Voltas shares surged after the Tata Group firm announced a record-breaking achievement: selling over one million air conditioners in less than three months of FY27. This milestone underscores strong consumer demand and Voltas' dominant position in the Indian AC market, driven by product innovation and strategic initiatives. Management expressed confidence in continued growth and market leadership.

Voltas sells 1 million ACs in record 81 days of FY27; stock in focus

According to Voltas, robust consumer demand, innovation-led growth, strong execution and a series of strategic initiatives contributed to the record performance. Management said demand remains healthy across markets and expects momentum to continue in the coming months.

CCPA fines Storia Foods, English Oven Rs 1 lakh each for misleading '100%' claims on food labels

Two prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh each by the Central Consumer Protection Authority. The penalty stems from misleading '100%' claims on their product packaging, falsely representing product composition. Both firms are now mandated to immediately remove these deceptive claims from all platforms, including websites and digital media, following action under consumer protection laws.

Jyothy Labs to expand Exo into broader dishwash franchise after Henkel brands exit portfolio

Jyothy Labs is strategically expanding its Exo dishwash brand into a comprehensive franchise following Henkel's exit from Pril and Fa licensing in India. The company remains cautiously optimistic about FY27 growth, focusing on premium products, innovation, and wider distribution despite inflationary pressures. New Exo variants are showing promising consumer response, aiming to boost sales and market share.

Voltas sells one million AC units in first quarter of FY27

Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial year, a record for the company. This success, attributed to a refreshed product line and strong consumer trust, reinforces Voltas' leadership in India's competitive AC market. The industry anticipates robust sales this year following a subdued 2025, with demand boosted by intense heatwaves and strategic company initiatives.

Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA

Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce, and logistics, with AI adoption poised to enhance customer experience and optimize costs.