Nestle India share price falls 3% on weak Apr-Jun quarter results; should you buy the stock?

Nestle India share price falls 3% on weak Apr-Jun quarter results; should you buy the stock?

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Nestle India said it has witnessed a sharp decline in out-of-home consumption due to the lockdownNestle India share price fell 3 per cent after rising half a per cent in Wednesday’s volatile trade after the FMCG major’s muted performance

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SEBI extends deadline for filing April-June corporate financial results to September 15

SEBI extends deadline for filing April-June corporate financial results to September 15

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Representation image: SEBIIn a major relief to companies, the Securities and Exchange Board of India (SEBI) today extended the deadline for submission of financial results for the quarter, half-year, and financial year ended 30 June 2020 to September

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Bond sales surge, forcing govt to retire its benchmark 10-year debt as markets struggle to keep up

Bond sales surge, forcing govt to retire its benchmark 10-year debt as markets struggle to keep up

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The upshot is that the 10-year bond may lose some of its premium as the government cycles through frequent issuances.By Kartik GoyalIndia is selling so many bonds that the market can’t keep up. The government is retiring the current benchmark 10-year

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Bharti Airtel Q1 loss widens to Rs 15,933 crore mainly on account of provisioning for statutory dues

Bharti Airtel Q1 loss widens to Rs 15,933 crore mainly on account of provisioning for statutory dues

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The company noted that the Supreme Court has reserved its order on the issue of period over which AGR (Adjusted Gross Revenue) payments could be made.Telecom operator Bharti Airtel on Wednesday reported substantial widening of losses to Rs 15,933 cro

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Indian steelmakers may face severe headwinds this year; low demand, sales set to hurt profits

Indian steelmakers may face severe headwinds this year; low demand, sales set to hurt profits

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While the profitability is set to drop 15 per cent in the current fiscal, the sales volumes will contract for the first time since 2015.The coronavirus pandemic is likely to take a toll on steel businesses in India as the steel consumption in the cou

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One should anchor to quality part of the market: IDFC Mutual Fund's Suyash Choudhary

One should anchor to quality part of the market: IDFC Mutual Fund's Suyash Choudhary

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Suyash Choudhary, Head – Fixed Income, IDFC Asset Management CompanyWith financial system being relatively constrained currently, where banks and non-banks have struggled with bad assets, one should look at AAA’s and sovereign debt, believes Suyash C

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Sensex, Nifty end deep in red as RIL shares tank; focus now on US Federal Reserve meet

Sensex, Nifty end deep in red as RIL shares tank; focus now on US Federal Reserve meet

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Tata Steel, Sun Pharma, Bajaj Finance, and Ultra Cement were the other top gainers on Sensex today.Sensex, Nifty were revisited by the bears on Wednesday as they ended deep in red and at one point even looked to give up Tuesday’s gains. The 30-share

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Analyst Corner: Maintain ‘buy’ on IndusInd Bank with target price of Rs 680

Analyst Corner: Maintain ‘buy’ on IndusInd Bank with target price of Rs 680

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Capital raise of Rs33 billion lifts net worth by 10% and may have strategic partnerships.For Q1FY21, IndusInd Bank’s (IIB’s) profit of Rs4.6 billion was above estimates. Key positive was fall in moratorium loans from 52% to 15%- but if overdue

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NTPC to raise Rs 1,000 cr via bonds on July 31

NTPC to raise Rs 1,000 cr via bonds on July 31

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The bonds are proposed to be listed on both NSE and BSE, it said.State-run power giant NTPC on Wednesday said it will raise Rs 1,000 crore on July 31 through issuance of bonds on private placement basis for funding capital expenditure, refinancing ex

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Charts suggest slightly negative uptrend for Nifty; two stock with potential upside in near-term

Charts suggest slightly negative uptrend for Nifty; two stock with potential upside in near-term

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The short term trend of Nifty is slightly negative. But the overall uptrend status of the market remains up and still there is no formation of any reversal pattern at the highs.By Nagaraj ShettiAfter showing upside breakout of sideways range at 11240

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