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Honasa Consumer among 7 stocks that hit 52-week high; rally up to 21% in a month
Despite a sharp Sensex decline, seven BSE 500 stocks hit 52-week highs, including Ather Energy and ABB India, reflecting strong momentum, recent gains, and continued investor optimism amid broader market weakness.
Top Gainers & Losers on April 09: Ola Electric, Meesho, Ather Energy, Honasa Consumer, HFCL among top gainers - Mint
Top Gainers & Losers on April 09: Ola Electric, Meesho, Ather Energy, Honasa Consumer, HFCL among top gainersMint
Top Gainers & Losers on April 09: Ola Electric, Meesho, Ather Energy, Honasa Consumer, HFCL among top gainers
Renewed Middle East tensions and increasing oil prices caused the Indian stock market to retreat, snapping a five-day winning streak. The Nifty 50 fell nearly 1% and the S&P BSE Sensex by 1.22%, while the broader market saw gains in several sectors.
Lower oil prices would boost India’s economy, support banks and consumer sectors: Nilesh Shah
Nilesh Shah, Managing Director, Kotak Mahindra AMC, said that market returns may depend more on earnings growth going forward, with investors needing to adjust expectations. Sector trends could favour financials and consumption-linked segments, while asset allocation should balance equities, debt and gold amid evolving global conditions.
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
India's leap into the future of transport was evident in FY26, as electric vehicle sales skyrocketed to 24.52 lakh units, a noteworthy increase of 24.6 percent. The two-wheeler segment alone accounted for over 14 lakh units, underscoring consumer enthusiasm. Meanwhile, electric passenger vehicles surged with an impressive growth rate of 83.63 percent.
Nifty extends recovery for third day led by M&M, RIL; Rupee falls to new low
Markets ended higher for a third straight session led by IT and broader market strength, though off highs, while the rupee weakened sharply to hit a record closing low.
Iran war unsettles India's packaged water makers as bottles, caps get pricey
India's bottled water market faces rising costs. Disruptions from the Iran war are increasing prices for plastic bottles, caps, and packaging. Smaller manufacturers are raising rates for resellers, with potential impacts on consumer prices soon. Premium water brands are also increasing their prices. This situation affects the industry ahead of the summer season.
'Young people prefer better alcohol to high-volume drinking', says Diageo India MD Praveen Someshwar
Young Indians are embracing premium spirits and cocktails, not abstaining from alcohol, according to Diageo India MD Praveen Someshwar. Consumption is rising, especially among women, as alcohol becomes more normalized. The company targets distinct consumer tiers, with luxury expected to lead growth, and uses smaller pack sizes and innovation to drive sales and unlock aspirations.
India strongly positioned as the next global platform for consumer technology: Nothing co-founder
India is emerging as a global consumer technology hub, driven by its expanding manufacturing and supply chain capabilities. Aspirational consumer preferences are reshaping demand, with a notable shift towards premium, differentiated products. This strategic market is experiencing hyper-growth, aligning with global trends and evolving tastes.
Cult.fit's fitness playbook widens: Affordable gyms, Pilates studios and products fuel growth
The company is investing in mass-market centres like Cult Neo, premium Pilates studios, and a rapidly growing consumer products division as it aims to become an active lifestyle brand. This puts it in competition with boutique studios, independent gyms and a growing wave of D2C fitness brands.
Top Korea Power Firm Revs Up US Growth Betting on AI Supercycle
South Korea’s top power equipment maker, HD Hyundai Electric Co., is accelerating its US expansion, betting that demand for transformers and switchgear will surge as the artificial intelligence “supercycle” drives a new wave of power consumption.
Dabur to acquire a minority stake in the luxury skincare D2C company RAS Beauty, for Rs 60 crore
Dabur India is acquiring a significant minority stake in luxury skincare direct-to-consumer brand RAS Beauty for Rs 60 crore. This strategic move, under Dabur Ventures, aims to tap into the booming premium beauty segment. The investment will fuel RAS Beauty's expansion into omnichannel presence and product development, reflecting a broader trend of legacy FMCG firms backing digital-first brands.