Indian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongoing Iran-Israel/US conflict continued to impact market sentiment. The Nifty plunged 488 points, and the Sensex dropped 1470 points. Analysts suggest a weak short-term trend with potential further falls.
ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to Buy
ITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%, while Nomura