Shares of FSN E-Commerce Ventures, the parent company of Nykaa, have rallied sharply, surging 20% over the past month, with an 11% increase occurring in the last week alone. Investor enthusiasm grew after the company reported a profit of Rs 13.64 crore for the first quarter ending June 2024, marking a 152% year-on-year increase.
Julius Baer sees consumption revival in India taking stocks to record high
Julius Baer Group anticipates Indian stocks will reach new highs in the latter half of the fiscal year, driven by a resurgence in domestic consumption.
June 9, 2025