Dabur India announced that recent GST reforms cutting rates on key FMCG categories from 12–18% to 5% will boost affordability and consumer demand. Around 85% of its portfolio now falls under the 5% tax slab, covering core segments like oral care, hair oils, shampoos, juices, and OTC products. The company plans to pass on these benefits to consumers.Read More
Nykaa shares hit a 52-week high as Q2 FY2026 update showed strong momentum, with beauty and fashion verticals driving consolidated GMV and net revenue growth in the mid-twenties.Read More
Japan’s new female prime minister has boosted investor sentiment, causing the yen to fall and Japanese equities to surge on expectations of monetary easing. Meanwhile, gold continues its ascent to record highs, with analysts predicting further gains driven by central bank buying and market uncertainties.Read More
Investors are closely watching the technology sector as TCS kicks off earnings season, with IT stocks at four-year lows despite currency depreciation. Healthcare, particularly hospitals, shows strong growth prospects driven by rising disposable income. Banking and financial services, including PSU banks like SBI, remain resilient, while fashion retail sees mixed momentum with Arvind Fashions poised for margin recovery.Read More
Goldman Sachs has significantly boosted its gold price forecast to $4,900 per ounce by December 2026, citing robust ETF inflows and anticipated central bank purchases. Analysts believe risks lean towards further upside, driven by private sector diversification and potential U.S. interest rate cuts, pushing gold towards the $4,000 mark.Read More
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