Indian markets experienced significant shocks, including a depreciating rupee and massive FII sell-offs, despite a robust macro environment. This disconnect, driven by AI trade flows and trade deal delays, led to broader market carnage. However, with valuations normalizing and reforms accelerating, 2026 could see a shift as the rupee stabilizes and FII flows potentially return.
Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%
Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international