Data as at IST. Index data may be delayed by up to 20 minutes. For real-time updates, kindly refer to the BSE and NSE websites.
Shares of Bosch hit a record high of ₹39,598; gaining 4 per cent on the BSE in Tuesday's intra-day trade on a healthy business outlook.
Digital transformation needs to have zero tolerance on consumer data breaches
Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground
The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities
But ITC's strong run currently is not restricted to a single segment - all businesses are on a high
The FMCG index too was seen outperforming the BSE benchmark in Thursday trade with a gain of nearly 1 per cent.
With a modest 1 per cent increase in duty on cigarettes and improving outlook for FMCG and Hotels, brokerages think ITC is well positioned for a strong FY24.
Given the uncertainty on how the market trajectory may play out ahead, analysts believe investors can rotate allocation from high beta stocks to defensive plays albeit selectively
A new all-time high on Nifty FMCG index may trigger up to 25 per cent upside in selective stocks
Given tax increase in the Budget 2023 is insignificant, ITC would continue to witness strong volume growth in cigarette business in future, said analysts