The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over 40%. While benefiting companies like United Spirits, this deal may challenge Indian brands to adjust their pricing strategies.
In the NSE list of stocks with a market cap over Rs 1000 crore, 11 stocks’ close prices crossed above their 200 DMA (Daily Moving
Oil prices climbed for a second day as the U.S. seized a sanctioned tanker off Venezuela, heightening supply disruption fears. Reports of Ukraine striking a
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