FMCG major Dabur India is expected to post a mid-single digit decline in consolidated revenue for the quarter ended September 30, 2024 amid correction in its India operations though the international business is expected to register double digit constant currency growth in topline, the company said in its quarterly update on Tuesday.
Broker’s call: Biocon (Buy) (01-10-2024)
ULJK Research
Tech view: Nifty signals indecision, forms small candle. How to trade on Thursday (01-10-2024)
Despite a small candle with an upper shadow appearing on Tuesday’s market chart, Nagaraj Shetti of HDFC Securities observed a lack of strong selling activity to confirm this bearish indication. Essentially, the market showed a potential signal for downward movement, but traders didn’t act on it aggressively, suggesting some uncertainty in the market.
My Portfolio (Updates and Suggestions) (01-10-2024)
Though your investments appear a bit diversified, your 25.74% exposure to risky assets i.e. stocks and mutual funds is difficult to comment on, unless you disclose the details and the thesis behind your choice.
Broker’s call: Route Mobile (Buy) (01-10-2024)
HDFC Securities
FPIs increase net flows in the secondary market in September (01-10-2024)
A strong net inflow by foreign portfolio investors (FPIs) in September has turned their total secondary market investment in Indian equities positive for the calendar year so far to $4,140.3 million (Rs 34,554 crore) compared with a net outflow of $1,417 million (negative Rs 11,998 crore) at the end of August.