The 2026 FIFA World Cup cannot be entirely blamed for the sharp fall in the US markets on Friday. But it played a meaningful role in setting the chain of events in motion.
Reliance Infrastructure received an order confirming a lien of Rs 77.86 crore on its bank accounts over alleged Foreign Exchange Management Act violations.
The brokerage also flagged emerging growth opportunities in segments such as nutraceuticals, oral beauty and men's grooming, which could further strengthen Honasa's positioning as an innovation-led beauty platform over the long term.