Nykaa and Mamaearth parent companies saw share surges Friday. Both beauty firms reported strong profit jumps. International brokerages issued bullish calls. Nykaa’s parent, FSN E-Commerce Ventures, posted a 286% profit increase. Mamaearth’s parent, Honasa Consumer, reported a 177% profit jump. Analysts suggest patience for fresh investments in these stocks.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major