Navigating the new normal: Key Lessons for Startups from 2024
The startup landscape shifted dramatically in 2024, emphasizing resilience, monetization, and profitability. Founders are prioritizing sustainable growth and early revenue generation, while investors focus on strong fundamentals and experienced teams. This recalibration reflects a move towards long-term value creation over speculative hyper-growth. Hair care brand Arata raises $4 million in series A funding led by Unilever Ventures
French beauty giant L’Oréal’s corporate venture capital fund, Bold, and existing investor Skywalker Family Office also participated in the funding round. The company’s post-money valuation is now Rs 195 crore. According to cofounder Dhruv Madhok, the funds will be used to enhance the firm's R&D efforts in hair and scalp solutions, strengthen its content and marketing efforts, and focus on talent acquisition. Which engineering, MBA colleges produced maximum number of India's top 200 self-made entrepreneurs
The 2024 edition of India’s Top 200 Self-Made Entrepreneurs highlights the educational institutions that shaped the nation’s top innovators. IIT Delhi leads with 36 founders, followed by IIT Bombay and IIT Kharagpur. For postgraduate studies, IIM Ahmedabad tops the list with 16 entrepreneurs, followed by the Indian School of Business with 10. Over 50% of the entrepreneurs have engineering backgrounds, showcasing the dominance of technical education in driving entrepreneurial success. Hurun Self-Made Entrepreneurs: Youngest founder is 21-year-old Zepto founder, check full list here
Hurun India unveiled its 2024 list of top self-made entrepreneurs. Radhakishan Damani secured the top spot. Deepinder Goyal's Zomato ranked second. Several non-unicorn companies featured in the top ten. Young entrepreneurs like Zepto's founders and BharatPe's Shashvat Nakrani also made the list. Three leading companies are based in Mumbai, Bengaluru, and Gurugram. Mamaearth founder Ghazal Alagh youngest self-made woman entrepreneur: Hurun list
Ghazal Alagh, aged 36 and the co-founder of Mamaearth brand, has been recognized as the youngest self-made woman entrepreneur in the recently released IDFC FIRST Private & Hurun India’s Top 200 self-made entrepreneurs of the Millennia 2024 list. Hurun releases list of India's top 200 self-made entrepreneurs: Check top 10 founders of the millennia
IDFC FIRST Bank and Hurun India released the second edition of their top 200 self-made entrepreneurs list. Radhakishan Damani secured the top spot. Avenue Supermarts, his company, is valued at over INR 3.4 Lakh Cr. Deepinder Goyal's Zomato ranks second. The list features both unicorn and non-unicorn companies. Mumbai, Bengaluru, and Gurugram are key headquarter locations for these top companies. Zomato CEO Deepinder Goyal crowned India's 2nd biggest self-made entrepreneur, Swiggy founders 3rd: Hurun list
Hurun India reports Deepinder Goyal as India's second-largest self-made entrepreneur following Zomato's valuation surge. Radhakishan Damani retains the top spot. The list highlights the impact of self-made entrepreneurs, with their businesses valued at $431 billion. Zepto's Kaivalya Vohra, 21, is the youngest entrepreneur on the list. HUL, don't get Unileverised: The ice cream business melted away, but what’s next?
HUL boss Rohit Jawa needs to think out of the box and make HUL what it was in pre-liberalisation India, independent and free thinking; hauling the company – that was once a CEO factory and a laboratory of strategic thinking -- out of the current funk. Even Unilever CEO Hein Shumacher is busy putting the consumer behemoth into shape, pruning portfolios, people and premiumising, while upping sales projections. Reverse flip in cart, Flipkart plans IPO delivery in 12-15 months
Flipkart, India's leading e-commerce giant, is gearing up for a landmark IPO within the next 12-15 months. The Walmart-owned company has initiated the process by shifting its domicile to India, aiming for a public listing by late 2025 or early 2026. ET was the first to report on May 13 about Flipkart’s plans to move its parent company back to India. Myntra turns in a profit in FY24, revenue jumps 15% to Rs 5,122 crore
The Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has played a key role in reducing losses. For fashion businesses, returns represent a significant expense, where return rates typically range from 30-40%. Myntra has been discouraging returns by offering discounts and other benefits. The Scent Lingers: Online perfume sales in India flourish, rising 25-30% in the last year
India's perfume market is witnessing a boom, with online sales soaring 25-30% and the market estimated at ?4,500 crore. The shift towards premium fragrances is driving growth, attracting international brands and prompting local players to expand their offerings. Nykaa shares slip over 1% after fashion CEO Nihir Parikh resigns amid modest segment growth
Nykaa share price: Nykaa shares slipped on Friday after Nihir Parikh, CEO of Nykaa Fashion, resigned on December 5, 2024, citing personal commitments. Parikh, who joined Nykaa in 2015, holds a degree in chemical engineering from the University of Mumbai and an MBA from INSEAD. Bluestone IPO update; India’s GCC expansion
Happy Friday! Jewellery retailer Bluestone’s board has approved its initial public offering plan. This and more in today’s ETtech Morning Dispatch. Stocks in news: Mishtann Foods, Canara Bank, Nykaa, Ola Electric, Dr Reddy's
Capital markets regulator Sebi has directed Mishtann Foods to bring back nearly Rs 100 crore, an amount the company allegedly misappropriated through dubious transactions with related parties. Nykaa Fashion CEO Nihir Parikh resigns amid modest growth in the segment
Nihir Parikh, CEO of Nykaa’s fashion vertical, has resigned effective December 5, 2024, citing personal commitments. A Nykaa veteran since 2015, Parikh contributed significantly to the company’s growth. His departure comes amid slower-than-expected performance in the fashion segment and Nykaa’s focus on quick commerce initiatives, including piloting a 10-minute delivery service in Mumbai. Myntra brings quick delivery to fashion, launches 30-minute service
Myntra launches M-Now, a 30-minute delivery service for fashion and beauty products in Bengaluru. The service offers around 10,000 products initially, expanding to over 100,000 within months. Leveraging dark stores and brand partnerships, Myntra aims to cater to the rising demand for quick commerce in the fashion segment, competing with platforms like Blinkit and Zepto. Black Friday buzz: Brands hope for a bit of BLACK MAGIC to lift sales
Companies in India are leveraging Black Friday to clear Diwali stock by offering up to 50% discounts in stores and online. The event coincides with salary payouts, encouraging spending. Black Friday, originating from the US, is growing in India with heavy promotions from brands like Nykaa, Myntra, Amazon, and more, pushing sales of electronics, apparel, and premium foods. Nykaa acquires majority stake in personal care brand Earth Rhythm
This follows the beauty and fashion retailer buying an 18.51% stake in Earth Rhythm Pvt Ltd (ERPL) in 2022. With this, ERPL has become a subsidiary of Nykaa. To date, ERPL has raised $9.1 million and was last valued at $28.8 million in 2022. Nykaa, which has been raising its holdings in portfolio brands, acquired an additional 39% stake in skincare brand Dot & Key Wellness for Rs 265 crore. Zomato's B2B vertical Hyperpure introduces rapid delivery service
The company said that the delivery time will range from 30 minutes to four hours. The price of products under this service is higher than that of the next day delivery service with a fee of Rs 99 for Express delivery according to Hyperpure’s app. Ecomm’s catching up with qcomm; Foxconn’s Tamil Nadu facility
Happy Wednesday! Ecommerce firms are trying to catch up with quick commerce players as they shorten their delivery timelines. This and more in today’s ETtech Morning Dispatch. Ecommerce in competition with quick commerce
Many prominent ecommerce firms like Flipkart, Nykaa, Myntra and FirstCry have increased their offering of same-day deliveries in metros and teir-1 cities. Even as brands are approaching quick commerce platforms for fast deliveries, they working with third-party logistics firms and trying out their own quick delivery models. Ecommerce looks to cut delivery timelines as quick commerce competition looms
The ecommerce sector in the country is getting increasingly competitive as firms strive to reduce delivery time to same-day or even two to four hours and expand their urban reach, driven by the influence of quick commerce players. Stars are perfectly aligned in India, with stable politics and a dynamic economy, says L'Oréal
L'Oréal's global CEO, Nicolas Hieronimus, observes a generational shift in India's beauty preferences, with younger consumers prioritizing blemish-free skin over fairness. While fairness products still hold a significant market share, Gen Z's increasing awareness, fueled by digitalization, is driving demand for sophisticated skincare routines and diverse product offerings. Emerging markets poised for rally in 2025: Sandip Sabharwal
??Good part, I would say, from the perspective of Indian investors who invest in mutual funds or PMSs, etc, is that the exposure of the group in many of the funds is very-very limited and to that extent there is an indirect impact, but the direct impact is low Mamaearth vs distributors; PharmEasy’s financials
Honasa Consumer, Mamaearth's parent, addressed recent allegations, labelling them as "misinformation." This and more in today’s ETtech Top 5. Market bottom not yet formed; betting on HDFC Bank to outperform: Nischal Maheshwari
Market expert Nischal Maheshwari believes HDFC Bank is poised to outperform after a period of underperformance. He notes the bank's strong recent performance and expects it to surpass ICICI Bank as a leader in the private banking sector. Maheshwari also shares his insights on various stocks and sectors, including Tata Motors, travel and tourism, and BPC companies. Mamaearth parent loses $415 million in market value as Q2 loss fans demand worries
Honasa Consumer, the parent company of Mamaearth, experienced a significant drop in market value. This followed their first quarterly loss since listing in November 2023. The company's stock fell to a record low. Analysts attribute this decline to weaker demand and increased competition in the beauty and personal care market. Top startup and tech stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look. India big opportunity for Nykaa, may look at venturing into wellness: CEO
Falguni Nayar, Nykaa's founder and CEO, revealed the company's potential expansion into the wellness sector, considering it a promising and sustainable business avenue. While emphasizing India's significant market opportunity, Nayar highlighted Nykaa's commitment to introducing research-driven products and pursuing industry-leading growth in both domestic and international markets like the GCC. Ecommerce enabler GoKwik ropes in former Swiggy executive Sharad Gupta to head products
Prior to GoKwik, Gupta held positions at Swiggy, Dineout, and Paytm. His strategic role will focus on enhancing and scaling solutions that simplify the checkout and payment journey for shoppers across diverse eCommerce platforms, reinforcing GoKwik’s commitment to providing tech-driven result-oriented solutions, the company said. Nykaa shares rally 6% after strong Q2 profit, revenue growth
Nykaa's shares surged by 5.7% after the company announced a 66% jump in Q2 profits, reaching Rs 13 crore. This growth was fueled by a 24% rise in revenue, reaching Rs 1875 crore, driven by strong performance in its beauty and fashion segments and expanding retail network. Rs 9k-crore bonanza for Swiggy employees; crackdown on pro-Khalistan content
Happy Wednesday! Swiggy's employees are all set for big Esop gains as the company lists on the bourses today. This and more in today's ETtech Morning Dispatch. Stocks in news: Vodafone Idea, Eicher Motors, BSE, Nykaa, PNB Housing
Leading exchange BSE reported 193% growth in its consolidated net profit at Rs 346 crore for the second quarter, compared with Rs 118 crore in the last year quarter. Nykaa’s Q2 net profit climbs 66% to Rs 13 crore; revenue up 24%
The company is making deliveries quicker without significant investments that could affect profitability or revenue margins, Anchit Nayar, chief executive of Nykaa Beauty, told analysts during a post-earnings call. Nykaa’s high order value will allow this quick-delivery segment to remain profitable without diluting margins or requiring large capital outlays, he said. Nykaa Q2 Results: PAT jumps 66% YoY to Rs 13 crore; revenue rises 24%
Nykaa Q2 Results: Revenue from operations in the reporting period rose 24% year-on-year (YoY) to Rs 1,875 crore. The company posted an EBITDA growth of 29% YoY to Rs 104 crore in the reporting quarter, while margins improved 18 bps to 5.5%. Tata Motors poised for growth with strong JLR and CV outlook: Deven Choksey
?So, all in all put together you are having a larger prospects of better industrial activity. Also, because of the fact that with America resuming two programmes, one on the tariff and second on Make in America, I believe that the demand for IT and IT related service of Indian companies will be on the rise. Wait and watch! Don’t jump the gun on Indian IT companies: Sampath Reddy
Sampath Reddy, Founder & CIO of Azurean Investment Managers, shares his insights on the current market trends. He discusses the impact of DII and FII investments on valuations, particularly in the mid and small-cap segments. Reddy also expresses caution regarding the IT sector's outlook, emphasizing the need to observe order book trends before becoming overly optimistic. Nykaa shares in focus ahead of Q2 results today. Here's what to expect
Nykaa is poised to announce a threefold surge in net profit for the July-September quarter, driven by robust growth in its beauty and personal care segment. Analysts predict a 26% revenue increase to Rs 1900 crore, fueled by strong omnichannel retail and owned brand performance. Q2 results today: ONGC, Hindalco among 326 companies to announce earnings on Monday
Apart from the above, NMDC, Bank of India, UPL, Hindustan Copper, Devyani International, Blue Dart Express, BEML, PG Electroplast ???and a few others will announce their quarterly results. Stocks in news: Hyundai, Nykaa, Ola Electric, Asian Paints, Tata Motors
Shares of Hyundai, Nykaa, General Insurance, Zydus, BSE will be in focus as the companies will announce their second quarter results today. Beauty companies in dull phase find quick fix to glow up
Amidst declining growth, beauty and personal care brands like Plum, Wow Skin Science, and Mamaearth-parent Honasa Consumer are pivoting to quick commerce and offline channels, moving beyond ecommerce platforms. Industry experts predict the rise of several major beauty brands in India as brands explore new growth avenues. Why four-wheelers stocks are still facing headwinds? Nischal Maheshwari answers
?Across the whole pharma sector, there are four or five stocks big one out there which are going to gain market share. So, CDMO is one space within pharma which should do well as we go along. But pharma as a whole space per se has been doing okay and we continue to believe that incrementally also pharma should continue to do well in the coming year also. Swiggy vs Zomato; Lenskart valuation revised
Swiggy’s initial public offering (IPO) anchor portion opens on Tuesday and the public issue on Wednesday. This and more in today’s ETtech Top 5. Energy transition gaining momentum, but solar sector may face overcapacity crisis: Sandip Sabharwal
So, I think a lot of sectors could see a pickup because of the marriage season because last few months there were very few marriage dates and now there is going to be a huge plethora of those and the total economic impact of that is expected to be more near 8 to 10 lakh crores Hot stocks: Brokerage view on M&M, Nykaa and Sun Pharma
JPMorgan reports that Sun Pharma plans to appeal a judgment and may seek a settlement with Incyte to expedite its product launch. In a worst-case scenario, the launch could occur post-expiry in December 2026. The firm assigns an NPV of $546 million for Leqselvi, projecting 20% CAGR growth for the specialty business driven by existing products. Festive sales end with a bang, after Rs 1 lakh crore of clicks
Consumer demand for top luxury brands was a highlight of this season. “Demand for premium large appliances grew by 30% over last year, while the fashion and beauty premium portfolio saw an over 400% spike vs business-as-usual (BAU) in categories like watches, fragrance, K-beauty, jewellery, handbags, sportswear, luggage, and kids-wear,” Amazon said in a statement. Hot Stocks: 4 stocks that may give returns between 16-29%
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 29% as per analysts’ price targets. Wow Skin Science cuts losses despite revenue dip, eyes profitability by 2025
The reduction in losses follows the Bengaluru-based company’s efforts to curb overall expenses. In 2023-24, the company cut its expenses by 22.4% to Rs 377 crore, down from Rs 486 crore in the previous year. Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blips
Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blipsNilesh Shah of Envision Capital explains that despite individual stocks experiencing significant declines, the overall stock market remains resilient with periodic corrections. He highlights strong earnings growth, especially among smaller companies, and discusses the potential for significant market growth driven by increased female workforce participation and digitalization, particularly in the beauty and personal care sector. BLive EZY deploys 1,000 premium EVs to cater to festive demand
BLive EZY deploys 1,000 premium EVs to cater to festive demandBLive EZY has deployed 1,000 premium electric vehicles to meet the festive demand for quick commerce. The initiative supports rapid delivery, expecting orders to be fulfilled in 10-15 minutes. It aligns with sustainability goals and caters to the growing online shopping trend driven by platforms like Swiggy Instamart and Blinkit. Quick commerce solution for different use cases, categories; not where Nykaa wants to jump in: CEO Falguni Nayar
India can't be the third largest economy without self-reliant energy sources: Manish Chokhani, Enam Group
Top startup and tech stories this week
Nykaa CEO on qcomm; no Diwali sparkle for kiranas
Quick commerce is taking demand from neighbourhood stores: Nykaa's Falguni Nayar
If I am zero to one for Nykaa, Anchit is one to 100 and that makes us a good fit: Adwaita Nayar
Top startup and tech stories this week
Zomato’s QIP salvo before Swiggy IPO will further fuel quick commerce frenzy
Zomato’s QIP salvo before Swiggy IPO will further fuel quick commerce frenzyZomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick commerce sector, with some viewing it as a strategic move to overshadow Swiggy's impending IPO. The slug of capital that will be needed to sustain growth in the high-burn quick commerce sector is resembling the trajectory of ecommerce a decade ago. ET Exclusive: Estée Lauder will soon start local manufacturing in India, says executive group president
Trend towards mass casualization to fuel growth of Foot Locker in India, says global chief
Canadian funds are in no rush to sell their Rs 2 lakh crore D-St investments
Canadian funds are in no rush to sell their Rs 2 lakh crore D-St investmentsThe Canada Pension Plan Investment Board (CPPIB), the largest Canadian investor in India, has been trimming its stakes in Indian stocks over the past year, while other funds Caisse de Depot et Placement du Quebec (CDPQ) and British Columbia Investment Management have kept their holdings in the country unchanged. Domestic mutual funds beef up exposure to new-age startups, hold $8 billion in 12 stocks
Domestic mutual funds beef up exposure to new-age startups, hold $8 billion in 12 stocksOn the back of a new-age IPO wave and the broader rise in stock markets, domestic mutual funds now hold stocks worth over $8 billion, or around Rs 69,000 crore in a dozen new-age companies. The rising exposure by mutual funds in new-age companies assumes significance, given the growing influence of this institutional investor class during the pre-IPO rounds, industry insiders said. Online platforms, quick commerce spoil the party for DMart
Win with trust, not just discounts
Win with trust, not just discountsDuring India's festival season, consumer spending peaks, driving robust economic activity. Success hinges not just on alluring deals but on brand trust, defined by authenticity, ethical practices, and data security. Brands like Tanishq, HUL, and FabIndia excel by prioritizing transparency and social responsibility. The e-commerce boom necessitates data protection, with Amazon setting benchmarks. Effective customer service and ethical campaigns further enhance consumer loyalty during these high-spending periods. Nykaa's q-comm entry; TN’s probe into Tata plant fire
Nykaa, Licious amp up quick commerce game as consumers demand instant gratification
Don't expect market to go up substantially in next six or eight months: Sridhar Sivaram
Optimistic about Tata Motors, M&M, in no hurry to buy Ola Electric: Deven Choksey
Optimistic about Tata Motors, M&M, in no hurry to buy Ola Electric: Deven ChokseyDeven Choksey of DRChoksey FinServ remains optimistic about Tata Motors, citing growth in commercial vehicles, despite weak JLR sales. M&M shows strong booking trends with a promising delivery schedule. Concerns surround Ola Electric's profitability and mounting complaints. Nykaa's beauty segment exhibits robust growth, while the IT sector continues to show structural improvements. Hot Stocks: Brokerages on Trent, Nykaa, M&M, Tata Motors and Godrej Properties
Hot Stocks: Brokerages on Trent, Nykaa, M&M, Tata Motors and Godrej PropertiesBrokerages have varied ratings on key stocks. Morgan Stanley maintains an overweight call on Nykaa and Trent, citing strong beauty growth. CLSA upgraded M&M to outperform, expecting SUV market share gains and tractor segment resilience. UBS retains a sell on Tata Motors due to China market challenges, while BofA holds a neutral view on Godrej Properties, expecting solid Q2 metrics. Stock to watch: Nykaa shares in focus after update on Q2 revenue
Stock to watch: Nykaa shares in focus after update on Q2 revenueNykaa witnesses strong performance in Q2 with consolidated net revenue growth in mid-twenties. Beauty vertical, omnichannel retail, and eB2B distribution show robust growth. Fashion vertical sees NSV growth in early teens. Nykaa expands Dot & Key ownership to 90%. Festive season expected to boost demand. Stocks in news: Nykaa, BEL, Tata Motors, HEG, Puravankara
Stocks in news: Nykaa, BEL, Tata Motors, HEG, PuravankaraHEG acquired 8.23% stake in GrafTech International for about Rs 248.62 crore. GrafTech International is a leading manufacturer of high quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. How the bottom-of-the-pyramid strategy worked out for Zudio
How the bottom-of-the-pyramid strategy worked out for ZudioTata Group's Trent has launched Zudio Beauty in Bengaluru, expanding into affordable beauty products, after the success of Zudio apparel stores. The company plans to open more stores in top cities. Zudio, known for trendy low-priced clothing, has significantly boosted Trent's revenue and is now entering the beauty segment to replicate its previous success. Tata Group forays into mass-priced beauty segment with Zudio Beauty
Tata Group forays into mass-priced beauty segment with Zudio BeautyNoel Tata-led Trent has launched Zudio Beauty, a new affordable beauty store, aiming to compete in the mass-priced beauty market. The first store opened in Bengaluru, with plans to expand to more cities. Zudio's success in the apparel sector hints at further growth in beauty retail. To list or not to list: How should founders think about the IPO decision?
BharatPe vs Ashneer Grover settlement: making sense of the legal battle between the two parties
New-age tech IPOs make a comeback after three-year lull; raise Rs 15,000 crore in 2024: report
Why Fed rate cuts could boost India's growth stocks? Sunil Subramaniam explains
With Hourglass, HUL feels time is ripe to enter India luxury cosmetics
With Hourglass, HUL feels time is ripe to enter India luxury cosmeticsHindustan Unilever is set to launch its global beauty brand Hourglass in India, marking its entry into the luxury cosmetics market. The brand will be available both online and offline. This move aligns with HUL's strategy to focus on high-margin, low-penetration categories and cater to the growing demand for premium beauty products in India. Cognizant co-founder N Lakshmi Narayanan highlights significance of technological and data literacy in modern business world
ET Startup Awards’ greatest hits: a decade of spotting winners
Hot Stocks: Brokerages on Nykaa, Zomato, Adani Ports and Cholamandalam Investment
Hot Stocks: Brokerages on Nykaa, Zomato, Adani Ports and Cholamandalam InvestmentKotak Securities has downgraded Nykaa to "Sell" from "Add" and lowered the target price to Rs 190 from Rs 195. While Nykaa's portal excels in product discovery, Q-commerce portals are expanding their BPC product range. Nykaa needs to invest in faster delivery. Kotak Securities also reduced FY25-27 EBITDA estimates by 3-7% due to lower margins, leading to the downgrade amid a sharp stock price increase. Purplle clocks 43% rise in FY24 revenue to Rs 680 crore, trims loss by 46%
Purplle clocks 43% rise in FY24 revenue to Rs 680 crore, trims loss by 46%Purplle's consolidated net loss narrowed by 46% to Rs 124 crore from Rs 230 crore a year ago. Total expenses grew to Rs 850 crore in FY24 from Rs 738 crore a year earlier. A significant amount of the expenditure was attributed to employee benefit expenses which rose to Rs 191 crore from Rs 170 crore. Bhakti Modi takes charge as CEO of Reliance Retail's omni-channel beauty platform Tira
98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery: Study
Jury reveal for The Economic Times Startup Awards 2024; and other top stories this week
Tata Digital logs Rs 37,355 crore aggregate GMV in FY24, as turnover rises, loss narrows
Rapido’s unicorn round; Swiggy’s FY24 report
ETtech Exclusive: Nykaa sues former CBO, current Tata Cliq CEO Asthana for contract breach
India's new taste & tastefulness market
India's new taste & tastefulness marketIndia's consumer market is witnessing a shift with homegrown digital-first brands challenging established players. Brands like Mokobara, Snitch, and Sid's Farm have attracted significant investment in 2024. With over 190 million digital shoppers, there's a growing demand for high-quality products, leading to the rise of local high-end brands in various sectors. India beauty and personal care market to touch $34 billion by 2028: report
F&O traders could get 80 new stocks to play
F&O traders could get 80 new stocks to play"The real excitement kicks in if F&O inclusion for both these names happens within the next few months," said Nuvama Alternative's head Abhilash Pagaria. "This could pave the way for Zomato and Jio to enter the Nifty 50 in the March 2025 review." Ten self-made women who made it to the 2024 Hurun India Rich List
JM Financial raises Nykaa's target price to Rs 250 on growth prospects and profitability improvements
Stock Radar: NYKAA hits fresh multi-year high in August; should long term investors buy or book profits?
Buy FSN E-Commerce Ventures, target price Rs 250: JM Financial
From US listings to 'Ghar Wapsi': Why more tech cos are choosing Indian stock exchanges over US ones
What should investors do with Paytm stock? Vinit Bolinjkar answers
2 top stock recommendations from Aditya Arora
2 top stock recommendations from Aditya Arora?Once the index crosses 7,100, there could be momentum towards 7,200. As of now, we would expect that there is some time correction and price correction going on in Nifty PSU Bank Index. Sandip Sabharwal on how to play the market amid extended valuations and global volatility
Sandip Sabharwal on how to play the market amid extended valuations and global volatilitySo, there are two plays. One, what has driven the speculative move in commodities? Has it been more about the dollar carry trade or the yen carry trade? So, it is a mixed picture. So, we cannot conclusively say at a time when China continues to slow down drastically and oversupply from China is coming into various commodity markets globally, the bigger impact is on chemicals, steel, etc. But in other metals also the impact is there. I do not expect a big rally in metals at this stage. 