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FMCG major Nestle India reported a 2.25 per cent rise in net profit to Rs 483.31 crore for the fourth quarter ended December.
Inflation target may not be changed: BofA SecThe recent firming up of food prices, cooking gas and rising petrol prices are expected to push CPI-consumer price index (CPI) inflation up to 4.85% in February from 4.1% in January, according toa report by BoA Securities.
f… Read MoreAsian stocks rally after Dow hits record as inflation worries easeAn index of regional stocks excluding Japan rose 0.7%, led by a 1.7% surge in South Korea's Kospi, and was on track for its first three-day advance in three weeks.
from Stocks-Markets-Economic Times https://ift.tt/3cmVFlx
… Read MoreTokyo stocks move higher on ECB, US stimulusThe ECB's move, which helped boost European and US bourses, is also supporting the Tokyo market, analysts said.
from Stocks-Markets-Economic Times https://ift.tt/2OnyJuG
… Read MoreSebi, IFSCA look at setup for ‘blank cheque cos’ in IndiaThe development comes even as the corporate affairs ministry is pushing for norms on direct listing of companies on foreign stock markets — an issue that has been hanging due to the reluctance of the revenue department to giv… Read MoreMFs trim blue-chip holdings amid redemption pressureFunds bought shares of NTPC and IndusInd Bank to the tune of Rs 700 crore each; while in L&T, they were buyers worth Rs 650 crore during the month, said Edelweiss.
from Stocks-Markets-Economic Times https://ift.tt/3rEYuo… Read More
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