The analysis of Relative Rotation Graphs (RRG) shows that Nifty Bank, PSU Bank, and Metal Indexes are inside the leading quadrant; they are likely to relatively outperform the broader markets. The Nifty MIDCAP index is also inside the leading quadrant but it is seen sharply losing its relative momentum and heading toward the weakening quadrant.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.