Nykaa share price: FSN E-Commerce Ventures, parent company of Nykaa, saw its shares surge 5.3% after announcing a strong Q3 FY2025, with net revenue growth expected to exceed the mid-twenties. The beauty vertical showed significant momentum, with GMV growth in the low thirties. Nykaa’s fashion vertical is expected to grow at around 20%. Shares have remained flat over the past year.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction