Nifty experienced a sharp decline on Friday, with broad-based selling impacting auto, financials, and FMCG stocks. The index has fallen below key short-term moving averages and the 200-day DMA, signaling continued weakness. Technical analysts suggest immediate support at 25,000 and resistance at 25,370.
DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore
Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew