What are the post-COVID market trends in India? | Prasanth Prabhakaran to ET Now by ET NOW

What are the post-COVID market trends in India? | Prasanth Prabhakaran to ET Now

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Prasanth Prabhakaran, Joint MD and CEO, Yes Securities talks to ET Now about the markets in India and the stability going ahead. He talks about the transaction and retail payment sector and what investors should be looking to do going ahead. He also highlights the probable effects of the lockdown getting extended and increased volatility in the post-COVID times. Find out which sectors are set to grow and which parts of the market you need to watch out for once the COVID-19 pandemic settles. The retail business is the biggest newsmaker of the day as demand for consumer electronics revives to pre-COVID levels. Find out what he has to say about the trend and the effect of the retail revival on the market. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Net MF inflows witness a massive YoY fall in June; Where are the funds? by ET NOW

Net MF inflows witness a massive YoY fall in June; Where are the funds?

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Net MF inflows witness a massive YoY fall in June. Where are the funds? June AMFI data - Net flow at Rs 7266 crore vs Rs 70,813 crores, down 90% MoM - Equity inflow at Rs 241 crores vs Rs 5257 crores, down 95% MoM - Total AUM at Rs 26.1 lakh crores vs Rs 24.3 lakh crores, up 7% MoM - Equity AUM at Rs 6.9 lakh crores vs Rs 6.3 lakh crores ET Now's Jayesh Khilani reports, it looks like a very bad number as far as first reeling is concerned. The Net inflow number that has come to a mere Rs 241 crores for equity inflow. The Net picture which includes debt + equity that is just about Rs 7266 crores which are 90% off from month on month basis because of the poor current phenomenon in the liquid fund outflow and there was lack of contribution from that front to the extent of merely 45000 crores. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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IndusInd Bank, SAIL & TATA Consumer top gainers, Titan under pressure | Market Fatafat by ET NOW

IndusInd Bank, SAIL & TATA Consumer top gainers, Titan under pressure | Market Fatafat

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The markets as per predictions of experts are now slowing down after massive rally over the past few days. Nifty hovering above the 10,800 mark, while SENSEX is near 36700 points. The stocks in focus which have seen a massive rally in trading are IndusInd Bank, SAIL and TATA Consumer. Titan despite reopening several stores recently saw a low in trading. IndusInd Bank standing out in the banking sector, showing rally third day in a row. The open interest was up almost 6.7% in the market for the stock today. SAIL and TATA Consumer also outperformed in the market today with a massive rally. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Credit Suisse on Tata Consumer; initiate coverage with outperform, target at Rs490/share by ET NOW

Credit Suisse on Tata Consumer; initiate coverage with outperform, target at Rs490/share

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Tata Consumer has a very interesting report which is coming from by Credit Suisse and it's initiation report. Tata Consumer has 3 legs to his growth. One, of course, is the core business than they have a salt business which is merged from Tata Chemicals and the third is India Business & Starbucks which is a long term basis. India business and salt business will continue to lead the growth and on term, value-adding will be continuing from Starbucks. Three different businesses add three different growth cycles, three different profitability, lifecycle, stages that's why they believe that the stock will do well. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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On Promoting India Story | Commerce Minister Piyush Goyal To ET NOW by ET NOW

On Promoting India Story | Commerce Minister Piyush Goyal To ET NOW

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India is blessed with various natural resources, mineral wealth & democratic framework. The government used lockdown period to contain the spread, break virus chain & boost manufacturing capacity. India has started to produce over 4 lakh PPE kits per day now and we have permitted export of PPEs; may soon permit the export of ventilators from India. India has also ensured a fair supply of medicines to countries across the globe. It's important that self-reliance doesn't mean we are isolating India from the world. RBI and the government are collectively ensuring sufficient liquidity in the banking system. We aim to make India $10 trillion economy by 2030, says Commerce Minister Piyush Goyal on lockdown, Aatmanirbhar Bharat and more. Watch now! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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India's Dependence On Consumer Imports | Anil Rai Gupta of Havells India To ET NOW by ET NOW

India's Dependence On Consumer Imports | Anil Rai Gupta of Havells India To ET NOW

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95% of products that are sold in India produced by the company in India itself. Manufacturers must step up to become more self-reliant, need to invest in R&D, machinery & scale and produce globally competitive products. We are seeing traction from other nations; they are looking for competitive manufacturing. May see some short term impact on China import curb, but we need to be pragmatic. Have the capability to manufacture finished good products in India but India does not have plants to mfg LED chips currently. India has a huge opportunity at this juncture. Consumer products, building installation products seeing a demand revival, but seeing a better revival in Tier 2,3 cities, now have a direct presence in rural, says Anil Rai Gupta, Havells India. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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What is the growth outlook for HSBC Global Asset Management? | Neelotpal Sahai to ET Now by ET NOW

What is the growth outlook for HSBC Global Asset Management? | Neelotpal Sahai to ET Now

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Neelotpal Sahai, HSBC Global Asset Management talks to ET Now about the growth outlook of the company amid the promising V-shaped recovery trend being witnessed in the market. He gives reasons for the global market in the month of June after the slowdown in March. He attributes it to the forward data emerging and the economies opening up post-COVID lockdown. The market began to look ahead on the data rather than the months gone by which would have been weak. He talks about the strategy of HSBC Global Asset Management going forward into the financial year and how it plans to utilise opportunities. He adds that the markets are supported by monetary stimulus from central banks. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Is the BFSI underperformance at an end, global market rally to continue? | Mark Matthews to ET Now by ET NOW

Is the BFSI underperformance at an end, global market rally to continue? | Mark Matthews to ET Now

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Mark Matthews, Julius Baer talks to ET Now about the global market rally which has taken experts and analysts by surprise from March till June. He reiterates the old adage that the best time to buy is when the market is low, and buying when it hit the high, but not many have the courage. He talks about the BFSI and pre-COVID trends, adding that it was no known back in March that the fiscal and monetary response will be so big across the globe. He talks about India's biggest newsmaker in recent times, Reliance Industries which he says well perform well owing to the Jio platforms growth. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Consumer Goods Sales are Back to Pre-Covid Levels by ET NOW

Consumer Goods Sales are Back to Pre-Covid Levels

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Consumer Goods Sales Are Back to Pre-Covid Levels. As the lockdown is easing consumers are coming back and have the sales for companies have reached their pre-covid levels. During the lockdown, companies had seen a surge in sales mainly led by the hoarding behaviour of consumers in food categories. Despite the supply chain constraints and operational curbs, demand is still seen returning. FMCG and Consumer durable companies have seen the demand improve on a month on month basis. FMCG companies are expected to report a mid-single-digit growth in the top line. Overall industry on a broad-based is expected to report higher sales than a year ago. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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India On The Cusp Of White Revolution 2.0? | RS Sodhi of Amul To ET NOW by ET NOW

India On The Cusp Of White Revolution 2.0? | RS Sodhi of Amul To ET NOW

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India is the largest producer of milk in the world and has become a mature industry over the years. Does RS Sodhi, MD, Amul think India is at a cusp of White Revolution 2.0? Dairy is a segment that is quite 'Aatma Nirbhar', where does the strength lie in this segment, what gives India an edge over countries? Where does RS Sodhi see the India Dairy Industry and Amul in the next 5 years? India became self-reliant on milk only in the 1970s. Linking farmers & markets crucial for self-reliance. Govt support for farmers needed for self-reliance. In 50 years, organised sector contribution to rise. Dairy contributes 30% to agriculture GDP. Buffalo milk products considered premium products and it has great demand in export markets. Have been clocking strong earnings consistently, says RS Sodhi, MD, Amul. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Hotel & restaurants in Maharashtra open with limited capacity amid COVID | Gurbaxish Singh to ET Now by ET NOW

Hotel & restaurants in Maharashtra open with limited capacity amid COVID | Gurbaxish Singh to ET Now

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Gurbaxish Singh Kohli, Vice President, FHRAI talks to ET Now about the reopening of hotels and restaurants in Maharashtra after months of shut down amid COVID-19 pandemic. The businesses have been asked to follow all possible safety measures to ensure no health risk is posed to the customers and staff working in the establishment. There has been no decision so far on the reopening of stand-alone restaurants. He talks about the SOP which has been set by the government to ensure these precautions are followed and adhered to, ensuring the mutual safety of all persons involved. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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BNSN Celeb-Connect | Pooja Dhingra Exclusive by ET NOW

BNSN Celeb-Connect | Pooja Dhingra Exclusive

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On BNSN Celeb-Connect, we caught up with celebrated Pastry Chef and CEO, Le15, Pooja Dhingra, to talk about Covid-led disruption to the F&B industry and her own venture, and to find out how she has remodelled her business plans for the new normal. Amid the lockdown, she found time to focus on her YouTube channel, device exciting easy-to-make recipes for home bakers and experiment with different flavours and offerings for her clients. While her business goal for this year is to survive the disruption, Pooja is happy that they have resumed deliveries and takeaway orders, launched DIY kits and are working on custom orders. Starting a business in her early 20s, Pooja learned the importance of being financially stable and independent - a lesson that has helped her to weather the storm (of the pandemic) and be strong enough to take critical business decisions with conviction and agility. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Trending Jobs Of 2020 | Ashutosh Gupta of LinkedIn To ET NOW by ET NOW

Trending Jobs Of 2020 | Ashutosh Gupta of LinkedIn To ET NOW

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Confidence across Indian professionals is cautiously optimistic at this time. ‘Re-skilling’ will be the key factor to recover from the crisis. Many sectors such as marketing, project management & engineering are confident about work from home but HR and finance sector jobs are less comfortable with work from home. It's important for companies to work on physical well-being and mental health support of their employees. Ideally, one should invest time in acquiring the right skills to be relevant and successful. Your network is your net worth in the long term! Layering traditional education with the right skills is the need of the hour and learning has to be a part of your everyday life. Therefore, one needs to have a ‘growth mindset’ to acquire new skills. Hard skills are important, but soft skills make all the difference, says Ashutosh Gupta, LinkedIn Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Nifty at 10,700 mark, SENSEX at 36,594 points; Demand for consumer goods revive | Buy Now Sell Now by ET NOW

Nifty at 10,700 mark, SENSEX at 36,594 points; Demand for consumer goods revive | Buy Now Sell Now

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The market today, opened with Nifty above the 10,700 mark, while the SENSEX was at a stable 36,594 points. The consumer goods demand has risen back to the pre-COVID with sales in June being extremely promising. Electronic sales were at 95% to 100% of year on year level in June, showing pent-up demand for consumer goods. Yes Bank has received approval to raise funds worth Rs.15000 crores on July 7 via FPO. The CRC of the Board will meet on July 10 finalise the fund raise. Find out the Q1 update TATA consumer goods and the revival of demand affecting the sales. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Yes Bank set to raise capital via FPO, approval received to raise funds up to Rs.15,000 crores by ET NOW

Yes Bank set to raise capital via FPO, approval received to raise funds up to Rs.15,000 crores

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The Yes Bank board of directors have given their nod to raise funds of Rs.15,000 crores via public offer FPO. The Capital Raising Committee (CRC) of the board of directors of the bank held a meeting on July 7. The CRC will meet again on July 10 to finalise further details of the fundraising. The bank will also soon file all the requisite FPO documents with market regulator SEBI and the registrar of companies before issuing its final public offer (FPO). The Yes bank capital adequacy ration stood at 8.5% as of March 31,2020. Tilden Park Capital is rumoured to be one of the big investors looking to take part in the round. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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ADIA willing to invest $1 billion dollar in JIO Fiber business by ET NOW

ADIA willing to invest $1 billion dollar in JIO Fiber business

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Reliance JIO platform has struck a deal with Facebook and received 43,000 crore Rupees and with this development, the other deals will also start consummating. The other and even more significant that Economic Times has reported that ADIA has been looking to pump in almost 1 billion dollars and this is not in JIO platform which the company has i.e JIO Fiber. Two companies have come with a Q1 production update which is Maruti Suzuki is down by 55% on the year on year basis. Tata Motors compact segment is down almost 75% and utility vehicle down by 84%. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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India's dependence on consumer imports from China by ET NOW

India's dependence on consumer imports from China

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The consumer durables and consumer electricals are a sector which is heavily based on imports, especially from China. India is a net importer of electronic goods. The consumer durables import around 45% of a completely built on units from China while 65% of the electronic components are imported from China. Almost around 11% of electronic items are imported from China. The AC compressor which is an important component of the AC product and that is also imported from China and for Refrigerators, we have a high dependency for compressor from China. The raw materials are also imported from China, Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Opening Bell: Nifty opens at 10816.50, SENSEX at 36745.27, HDFC Bank is off to a good start by ET NOW

Opening Bell: Nifty opens at 10816.50, SENSEX at 36745.27, HDFC Bank is off to a good start

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It is said that if large-cap stocks do not rise, and if Nifty does not fall, markets can start consolidating. Vodafone and Idea start at 9.6, Yes Bank and FPO are round the corner and fundraising is round the corner. SBI is at 189.00, MTNL makes a comeback since they have got very little relevance in today's scheme since it is not a PSU. BHEL stands at 42.5. Bajaj Finance had a flat start, HDFC Bank had an interesting number which starts at 1111 and is considered that it is off to a good start, ICICI Bank is at 375 and has a flat start there, Reliance is at 1828. Mahindra and Mahindra start at 566.45, L&T Finance Holding starts at 72.35, Indusland Bank also has a strong move by 541, Chola Investment is at 217 and has a great start. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Top 5 stocks to watch in Indian markets right now! by ET NOW

Top 5 stocks to watch in Indian markets right now!

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TOP 5 STOCKS TO WATCH IN TRADE Reliance Industries’ unit Jio Platforms has received the subscription amount of Rs 43,574 cr from Jaadhu Holdings, a wholly-owned unit of Facebook Inc for a 9.99% stake, the amount was received after all requisite approvals. Yes Bank is set to raise capital via FPO. The amount not disclosed but the bank has taken approval to raise `15000 Cr. The CRC of the Board will meet on July 10th to finalise fundraise. Axis Capital, Kotak Investment Banking, SBI Caps, Bank of America, Citi and HSBC Capital Market appointed Tata Motors Q1 Compact segment was clocked in at 4792 units, down 75% YoY, whereas the UVs were at 3271 units, down 84% YoY. Meanwhile Maruti’s Total production at 49476 units, down 55% YoY. Titan shared its Q1 update where the company Re-opened around 83% of its stores across all businesses. Revenue in May & June months were at slightly below 20% & around 70% vs corresponding months of the previous year. ACC: Morgan Stanley Maintained an Underweight rating with a Target at `930/share. The brokerage said the company is pursuing a capacity expansion plan, enhancing product portfolio. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Titan Q1FY21 performance report amid COVID crisis; revenue declines in May & June by ET NOW

Titan Q1FY21 performance report amid COVID crisis; revenue declines in May & June

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Titan continues to see the impact of COVID on its performance. In the update, the company said it suffered a complete loss of sales in April due to lockdown. The Jewellery segment which accounts for around 80% of the total revenue saw a decline of ~80% in May and 30% in June on a year on year(YoY) basis. The recovery on a month on month basis is better than what the company envisaged for the segment especially with the wedding season being deferred. The company has managed to re-open 95% of its Tanishq stores till the date and are seeing a good recovery in sales in non-metro cities. Watches segment revenue declined by 95 % in May & 80% in June YoY. The sales recovery rate was highest for e-comm and retail channels, while it was the lowest for large format stores. Eyewear segment saw a decline of 85% in May and 65% in June YoY. The eyewear division had to shut 15 stores during the quarter. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Nifty 50 indicates a mild positive start; Oil demand prospects weaken | Top global market cues by ET NOW

Nifty 50 indicates a mild positive start; Oil demand prospects weaken | Top global market cues

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Nifty 50 SGX Nifty indicates a mild positive start above 10,800 USA Winning streak seems to have hit critical resistance. Dow fell 397 points, or 1.5% to break a two-day winning streak ASIA Mixed back across regions as resurgence fears and impact on demand linger GOLD The dream run continues As the valuation bubble raises concerns among equity participants, Gold maintains form as the best hedge available OIL Demand prospects weaken on an unstoppable surge in new COVID cases EU EU Markets slide as Wall Street winning streak takes a breather Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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India raises students' issue in US, Banks in a spot due to China Logjam & more | The Newspaper Show by ET NOW

India raises students' issue in US, Banks in a spot due to China Logjam & more | The Newspaper Show

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On The Newspaper Show, The Economic Times Top 10 Headlines - Adia redials RIL for a billion $ Jio Fibre play - Jio platform gets Rs 43.5k crore from Facebook - June consumer goods sales at Pre-COVID levels - India readies gift for Honk Kong investors - Banks in a spot due to China Logjam - India raises students' issue with the US - Nilekani says, Infosys gaining in consolidation - FM to CPSEs: Boost Capex to accelerate recovery - Defence Minister reviews border infra projects - North Indian states facing rain deficit The Economic Times Corporate- Top 5 Headline - Auto companies to give a bonus to workers - Bajaj Auto sets rider for 50% pay - GMR sells 49% stake in airports business - Apparel sales still out of fashion - Unacademy buys Prepladder for $50 million The Economic Times Market- Top 5 Headlines - Shut Franklin plans to get Rs 3.2 crore more - RIL Lupin among Nomura's top picks - TCS to show more resilience versus peers - Maruti to gain as demand for hatchbacks revives - The Deutsche-led group exists race for GVK Punjab plant Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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Here are market cues this morning | Experts recommend buying Havells & Voltas by ET NOW

Here are market cues this morning | Experts recommend buying Havells & Voltas

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As the movement of Nifty is concerned, there was the last hour rebound, which made the Nifty close in the green. Nifty has also made a bearish 'hanging man' pattern, which means the bullish demands will tapering off. The Nifty bank that was a bigger outperformer yesterday also managed to close above the 100 days moving average for the first time since 20 February this year. Nifty Midcap actually mirrored what Nifty actually did and made a hanging man pattern that is on the bearish side. A few sectors do have interesting patterns like Nifty Infra, Metal and energy also made bearish engulfing patterns. Nifty PSU bank also faces resistance at 100- day moving average. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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