Arnab Das, Global Macro Strategist, Invesco EMEA, says an industrial revolution is taking place within which AI has a very important role, That is going to continue. There is possibly a significant amount of hype, and maybe some over-hyping around it. Nevertheless, it is an important change. It is, eventually going to increase productivity and … Read more
Shares of paint manufacturers gained Wednesday on news reports that some companies have raised product prices, but analysts warn these upsides will be short-lived as the sector faces pressure on profitability. Indigo Paints soared 10.7%, Asian Paints gained 3.3%, Kansai Nerolac rose 3.4% and Berger Paints moved up 2.5%. “The uptick in the paint stocks … Read more
“The Modi Government has consistently focussed on Infrastructure, Atmnanirbhar Bharat and digitisation which will continue to see higher focus in Budget 2024,” says Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group. In an interview with ETMarkets, Raina said: “We expect some minor volatility in 2H2024; however, it will likely be a stock picker’s … Read more
Mumbai: The sharp gains in shares of fast-moving consumer goods companies could be the likely start of outperformance that the sector is set to see over the next few months, said experts, with gains likely even if shares are bought at the current levels. Shares of Marico, Godrej Consumer Products, Hindustan Unilever, Dabur India, Emami, … Read more
