Latest news with #NestleIndia
Time of India
3 hours ago
- Business
- Time of India
Nestle India Share Price Live Updates: Nestle India maintains steady returns over the month
02 Jun 2025 | 08:44:01 AM IST Stay updated with the Nestle India Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on Nestle India stock, including: Last traded price 2396.2, Market capitalization: 231031.34, Volume: 1067460, Price-to-earnings ratio 72.03, Earnings per share 33.27. Our liveblog combines fundamental and technical insights to offer a comprehensive overview of Nestle India's performance. Gain valuable market knowledge and make informed decisions with our expert analysis. Be the first to know about breaking news that can impact Nestle India's trajectory. Join us on this journey as we explore the exciting potential of Nestle India. The data points are updated as on 08:44:01 AM IST, 02 Jun 2025 Show more
New Indian Express
3 days ago
- Business
- New Indian Express
Indian equity benchmarks open lower on Friday amid cautious investor sentiment
CHENNAI: Indian equity benchmarks opened lower on Friday (May 30) amid cautious investor sentiment, as market participants eye the final batch of March 2025 quarter corporate earnings and the all-important Q4FY25 GDP data due later this week. Global jitters around revived US tariff policies under former President Donald Trump added to the nervousness. Benchmark Indices BSE Sensex opened at 81,525, down 108 points or 0.13% Nifty50 was at 24,800, down 33 points or 0.13% The weakness comes despite relative strength in broader market indices and select sectors. Key Market Movers However some stocks bucked the trend and the top gainers in the early session included Adani Ports, Nestle India, L&T, Sun Pharma, Bajaj Finserv, Power Grid, and Titan. These stocks provided support to the indices with moderate gains amid selective buying. While top losers were IT heavyweights such as Infosys, HCL Tech, Tech Mahindra, and TCS, which dragged the indices lower. IndusInd Bank and Tata Steel also saw selling pressure on Friday. Broader Market & Sectoral Trend Despite the dip in frontline indices, broader markets showed resilience—an indication of ongoing rotation and stock-specific action. Nifty MidCap 100 rose slightly by 0.36%, and Nifty SmallCap 100 also gained modestly by 0.15%.
Economic Times
3 days ago
- Business
- Economic Times
Sensex falls 300 pts, Nifty below 24,750 amid caution ahead of GDP data
Synopsis Indian equity markets traded with mixed signals on Friday, as positive institutional inflows and economic optimism were tempered by anticipation for the upcoming GDP data. The Sensex experienced a slight dip, while the Nifty50 showed marginal gains. FPIs continue their buying spree, potentially reaching a high for May, with Adani Ports and Nestle India leading gainers. Indian benchmark equity indices traded lower on Friday, as strong institutional inflows and optimism over domestic economic growth were offset by cautious trading ahead of the GDP data release later in the day. Tired of too many ads? Remove Ads At 10:40 am, the BSE Sensex was down 313 points, or 0.38%, at 81,319, while the Nifty50 slipped 98 points, or 0.40%, to 24, portfolio investors (FPIs) bought Indian equities worth Rs 884 crore ($103.5 million) on Thursday, marking their fifth straight session of net $2.6 billion in net foreign inflows so far in May, FPI buying is on track to log its highest monthly total since September 2024, when benchmark indices hit record highs. Among Sensex stocks, Adani Ports, Nestle India, L&T, Sun Pharma, and Bajaj Finserv opened higher, while Infosys, Tech Mahindra, HCL Tech, and IndusInd Bank saw early declines. Tired of too many ads? Remove Ads Among individual stocks, Ola Electric Mobility slumped 9.7% after the electric two-wheeler maker reported a sharp rise in March quarter losses, with net loss widening to Rs 870 crore from Rs 416 crore a year earlier. Also read: Suzlon Energy shares soar 13% after Q4 profit surges 365% YoY to Rs 1,182 crore Shares of real estate firm Sobha jumped 6.7% after the company posted a nearly six-fold rise in consolidated net profit to Rs 40.85 crore for Q4 the sectoral front, Nifty IT dropped over 1%, while Metal slipped 0.5%. In contrast, Nifty Bank, Financial Services, Realty, and Oil & Gas indices opened higher."Stable institutional flows- both FII and DII - are keeping the market steady even in the absence of positive triggers. The ongoing consolidation phase is likely to continue in the near term. Investors should understand two distinct big trends that will weigh on markets: One, India's macros are strong and improving. Two, this positive trend in macros is not getting reflected in corporate earnings. This is the fundamental reason for the range-bound movement of the market," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Matalia, Derivative analyst at Choice Broking, said, After a flat opening, Nifty can find support at 24,800, followed by 24,700 and 24,500. On the higher side, 24,900 can be an immediate resistance, followed by 25,000 and 25,100." Stocks slipped in Asia on Friday, and the U.S. dollar dropped with Treasury yields as investors digested an appeals court decision to keep President Donald Trump's tariffs in effect, a day after markets rallied on a separate ruling blocking most of them. Tired of too many ads? Remove Ads Japan's Nikkei saw the most pronounced selling, after experiencing the most pronounced buying on Thursday, with moves in the exporter-heavy index exacerbated by the ebb and flow in demand for the safe-haven Nikkei dropped 1.7% in the Asian morning, putting it basically back at Wednesday's closing level. Hong Kong's Hang Seng sank 1.4% and mainland China's blue chip index eased 0.3% in early trading.U.S. S&P 500 futures retreated 0.2%. Pan-European STOXX 50 futures edged 0.1% lower. Also read: Bajaj Auto shares slip over 2% after Q4 profit drops 10% YoY to Rs 1,802 crore Foreign Institutional Investors (FIIs) net bought equities worth Rs 884 crore on May 29, while Domestic Institutional Investors (DIIs) purchased Rs 4,286 prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output crude futures slipped 26 cents, or 0.41%, to $63.89 a barrel by 0104 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.44%, to $60.67 a barrel. The Brent July futures contract is due to expire on Indian rupee rose 18 paise to 85.30 against the US dollar in early trade. The dollar index, which tracks the movement of the greenback against a basket of six major world currencies, rose 0.16% to 99.43 level. (With inputs from agencies)
Economic Times
3 days ago
- Business
- Economic Times
Sensex opens flat, Nifty holds above 24,850 amid caution ahead of GDP data
Indian equity markets opened with mixed signals on Friday, as positive institutional inflows and economic optimism were tempered by anticipation for the upcoming GDP data. The Sensex experienced a slight dip, while the Nifty50 showed marginal gains. FPIs continue their buying spree, potentially reaching a high for May, with Adani Ports and Nestle India leading gainers. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Experts View Tired of too many ads? Remove Ads FII/DII Tracker Crude Oil Rupee vs Dollar Indian benchmark equity indices opened flat on Friday, as strong institutional inflows and optimism over domestic economic growth were offset by cautious trading ahead of the GDP data release later in the 9:24 am, the BSE Sensex was down 35 points, or 0.04%, at 81,667, while the Nifty50 inched up 22 points, or 0.09%, to 24, portfolio investors (FPIs) bought Indian equities worth Rs 884 crore ($103.5 million) on Thursday, marking their fifth straight session of net $2.6 billion in net foreign inflows so far in May, FPI buying is on track to log its highest monthly total since September 2024, when benchmark indices hit record Sensex stocks, Adani Ports Nestle India , L&T, Sun Pharma, and Bajaj Finserv opened higher, while Infosys, Tech Mahindra, HCL Tech, and IndusInd Bank saw early individual stocks, Ola Electric Mobility slumped 9.7% after the electric two-wheeler maker reported a sharp rise in March quarter losses, with net loss widening to Rs 870 crore from Rs 416 crore a year of real estate firm Sobha jumped 6.7% after the company posted a nearly six-fold rise in consolidated net profit to Rs 40.85 crore for Q4 the sectoral front, Nifty IT dropped over 1%, while Metal slipped 0.5%. In contrast, Nifty Bank, Financial Services, Realty, and Oil & Gas indices opened higher."Stable institutional flows- both FII and DII - are keeping the market steady even in the absence of positive triggers. The ongoing consolidation phase is likely to continue in the near term. Investors should understand two distinct big trends that will weigh on markets: One, India's macros are strong and improving. Two, this positive trend in macros is not getting reflected in corporate earnings. This is the fundamental reason for the range-bound movement of the market," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Matalia, Derivative analyst at Choice Broking, said, After a flat opening, Nifty can find support at 24,800, followed by 24,700 and 24,500. On the higher side, 24,900 can be an immediate resistance, followed by 25,000 and 25,100."Stocks slipped in Asia on Friday, and the U.S. dollar dropped with Treasury yields as investors digested an appeals court decision to keep President Donald Trump's tariffs in effect, a day after markets rallied on a separate ruling blocking most of Nikkei saw the most pronounced selling, after experiencing the most pronounced buying on Thursday, with moves in the exporter-heavy index exacerbated by the ebb and flow in demand for the safe-haven Nikkei dropped 1.7% in the Asian morning, putting it basically back at Wednesday's closing level. Hong Kong's Hang Seng sank 1.4% and mainland China's blue chip index eased 0.3% in early trading.U.S. S&P 500 futures retreated 0.2%. Pan-European STOXX 50 futures edged 0.1% Institutional Investors (FIIs) net bought equities worth Rs 884 crore on May 29, while Domestic Institutional Investors (DIIs) purchased Rs 4,286 prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output crude futures slipped 26 cents, or 0.41%, to $63.89 a barrel by 0104 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.44%, to $60.67 a barrel. The Brent July futures contract is due to expire on Indian rupee rose 18 paise to 85.30 against the US dollar in early trade. The dollar index, which tracks the movement of the greenback against a basket of six major world currencies, rose 0.16% to 99.43 level.(With inputs from agencies)
Time of India
3 days ago
- Business
- Time of India
Sensex opens flat, Nifty holds above 24,850 amid caution ahead of GDP data
Indian equity markets opened with mixed signals on Friday, as positive institutional inflows and economic optimism were tempered by anticipation for the upcoming GDP data. The Sensex experienced a slight dip, while the Nifty50 showed marginal gains. FPIs continue their buying spree, potentially reaching a high for May, with Adani Ports and Nestle India leading gainers. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Experts View Indian benchmark equity indices opened flat on Friday, as strong institutional inflows and optimism over domestic economic growth were offset by cautious trading ahead of the GDP data release later in the 9:24 am, the BSE Sensex was down 35 points, or 0.04%, at 81,667, while the Nifty50 inched up 22 points, or 0.09%, to 24, portfolio investors (FPIs) bought Indian equities worth Rs 884 crore ($103.5 million) on Thursday, marking their fifth straight session of net $2.6 billion in net foreign inflows so far in May, FPI buying is on track to log its highest monthly total since September 2024, when benchmark indices hit record Sensex stocks, Adani Ports Nestle India , L&T, Sun Pharma , and Bajaj Finserv opened higher, while Infosys HCL Tech , and IndusInd Bank saw early individual stocks, Ola Electric Mobility slumped 9.7% after the electric two-wheeler maker reported a sharp rise in March quarter losses, with net loss widening to Rs 870 crore from Rs 416 crore a year of real estate firm Sobha jumped 6.7% after the company posted a nearly six-fold rise in consolidated net profit to Rs 40.85 crore for Q4 the sectoral front, Nifty IT dropped over 1%, while Metal slipped 0.5%. In contrast, Nifty Bank, Financial Services, Realty, and Oil & Gas indices opened higher."Stable institutional flows- both FII and DII - are keeping the market steady even in the absence of positive triggers. The ongoing consolidation phase is likely to continue in the near-term. Investors should understand two distinct big trends that will weigh on markets: One, India's macros are strong and improving. Two, this positive trend in macros is not getting reflected in corporate earnings. This is the fundamental reason for the range bound movement of the market," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Matalia, Derivative analyst at Choice Broking, said, After a flat opening, Nifty can find support at 24,800 followed by 24,700 and 24,500. On the higher side, 24,900 can be an immediate resistance, followed by 25,000 and 25,100."
