Market News
Stay updated with the latest market trends, earnings, and economic indicators.
FMCG products set to cost more if global pressures persist, hurting consumption
Experts said Indian FMCG products may become costlier due to reduced raw material stocks and rising inflation linked to the Iran-US conflict. Significant price hikes in dairy and staples reflect broader inflationary pressures, while household consumption growth may slow amid economic uncertainty.
Whey to protein-rich foods gets costlier on global supply crunch
India's growing demand for protein products is clashing with a global shortage of raw whey. This key ingredient's price has surged dramatically, forcing Indian brands to increase prices. Companies are absorbing some costs to protect consumers. The rising expense of protein powders and snacks is making daily protein goals more costly for many.
Huge potential to boost food, beverages exports to UAE: TPCI
India’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the UAE’s total imports of USD 22 billion. Holding a 10 percent market share, India is emerging as a trusted supplier of quality food products to the Gulf nation. Industry experts believe the India-UAE free trade agreement and the upcoming Indo-Food Park in Mumbai will further strengthen trade ties, enhance export infrastructure, and unlock new opportunities for Indian exporters in the UAE market.
Live: Banking stocks fuel Nifty above 24,500; Uncertainty persists on US-Iran talks | Closing Bell
Indian markets ended lower, dragged by weakness in IT stocks. The BSE Sensex slipped over 650 points, while the Nifty 50 fell below 24,450. HCL Technologies led the decline, logging its sharpest fall in 11 years after weak guidance, pulling down peers like Infosys and TCS. Despite the headline fall, market breadth remained positive with broader markets outperforming, as smallcaps extended gains for a second straight session. Financials were under pressure, with ICICI Bank and HDFC Bank slipping. On the upside, stocks like Tata Consumer Products, NTPC and Hindustan Unilever emerged as key gainers.