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2026-01-02 00:57:31| The Economic Times

Indian equities began 2026 on a muted note, with benchmark indices closing flat amid thin trading volumes and a lack of global cues. While the Nifty and Sensex saw minor movements, stock-specific actions dominated, particularly in the auto sector. The FMCG index faced pressure due to a decline in ITC shares following an excise duty announcement.


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2026-01-01 19:45:27| The Economic Times

During a review meeting with chief executives of leading housing finance companies (HFCs) last week, the NHB chief said disbursements were "not up to the mark" and urged lenders to sharpen their focus on the programme, officials familiar with the discussions said.


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2026-01-01 10:04:02| The Economic Times

ITC shares fell sharply on Thursday, erasing over Rs 50,000 crore in market value after a steep new cigarette tax spooked investors. The excise hikeon top of GSTmay force price increases of 15% or more, raising risks of volume loss and a shift toward illicit trade, analysts warned.


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2026-01-01 09:33:56| The Economic Times

Jefferies warned that the sharp hike in cigarette excise duty is clearly negative for ITC in the near term, likely hurting volumes and earnings. The brokerage called the move a major negative surprise for the legal cigarette industry, estimating over a 20% rise in effective tax incidence, and said it increases policy uncertainty despite its continued positive stance on ITC.


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2026-01-01 09:24:41| The Economic Times

Domestic brokerage firm SBI Securities latest Dividend Yield Monitor highlights companies that have consistently rewarded shareholders with strong payouts over the past three years. A dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. It is a key metric for investors, particularly those focused on income generation, as it indicates the return on investment strictly from dividends.


Category: News and Media

 

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