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Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to improving trends in key segments and the gradual impact of GST rate cuts, offering some comfort amid a challenging consumption environment.
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News and Media
Indian IT stocks face pressure from global AI advancements and China's innovation, triggering sentiment-driven selling. While short-term pain is expected, experts believe the sector's long-term fundamentals remain strong due to its implementation and customization expertise in cloud and data services.
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News and Media
Market expert Neeraj Dewan remains constructive on PSU banks, citing strong earnings and reasonable valuations, suggesting SBI is a buy-on-dips opportunity. He is optimistic about the commercial vehicle sector due to improving capex trends. However, Dewan advises caution on the IT sector due to volatility and potential structural impacts from AI.
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News and Media
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