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Goldman Sachs and Citi lowered their target prices after Hindustan Unilever's June-quarter earnings missed estimates, though analysts continued to back the FMCG major on improving demand, premiumisation and resilient margins.
Over 110 companies, including Asian Paints, Eicher Motors, Adani Enterprises, Bajaj Housing Finance will announce Q1FY27 earnings on July 29.
Goldman Sachs, Morgan Stanley and Macquarie trimmed their target prices on DMart after its investor meet, citing slower store additions and softer growth expectations.
Cipla said it has received US FDA approval for its Abbreviated New Drug Application (ANDA) for generic Advair Diskus (fluticasone propionate and salmeterol inhalation powder) across all three dosage strengths.
Oman had put forward a joint regional mechanism to manage traffic through the strait and collect voluntary fees, an arrangement it said had regional backing and would stop Iran gaining sole control.
Record date for dividends is July 30; investors must own shares by July 29 due to India's T+1 settlement cycle.
Clayton succeeds Bill Pulte, whose 40-day interim tenure featured mass layoffs, and before him Tulsi Gabbard, who resigned in June.
Tesla and SpaceX have shed a combined $1.5 trillion in market value since mid-June
The proceeds from the fundraise will primarily be used to repay or prepay certain outstanding borrowings from both promoter and non-promoter groups, strengthening the company's balance sheet.
The market's uncertainty can be pinned squarely on Chairman Kevin Warsh, who's eschewed the past practice of giving signals on the future path of rates.
