Alcohol stocks rallied up to 7% after Karnataka announced major policy changes in its state budget. The government will no longer control liquor prices and has introduced alco-beer tourism, opening new growth opportunities for alcohol companies.
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The change is aimed at simplifying the investment process for overseas based Indians and improving ease of access to India’s domestic capital markets.
According to the Finance Minister, the Bio Pharma Shakti initiative is designed to support research, manufacturing capacity, innovation, and scale across the bio pharma value chain.
The EBITDA margin was better at 78% against 72.6% during the same quarter last year, reflecting better operational efficiency.
This comes under the overall vision of the government in making India a great sporting nation and motivating youth talent with better infrastructure and training facilities.
In the Union Budget 2025, the Finance Minister has made following key announcements for Education, Healthcare, and Infrastructure sectors:
The Finance Minister stated that there will be no income-tax for individuals earning up to ₹12 Lakh annually.
Indian equity markets ended in positive territory on 17 April 2026, supported by strong gains in FMCG, banking, and select mid-cap stocks. Nifty 50, Sensex, and Bank Nifty all closed higher, while Wipro, HDFC Life, and Sun Pharma saw declines amid sectoral rotatio
Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.
Apollo Micro Systems Ltd receives lifetime defence manufacturing license for missiles, torpedoes, loitering munitions. Full details on categories, capacity, ecosystem, and 16% stock surge on NSE.
Seafood stocks rallied as strong export data, rising shrimp demand, and resilient global markets boosted investor confidence in Avanti Feeds and Apex Frozen Foods.
Indian equity markets ended in positive territory on 17 April 2026, supported by strong gains in FMCG, banking, and select mid-cap stocks. Nifty 50, Sensex, and Bank Nifty all closed higher, while Wipro, HDFC Life, and Sun Pharma saw declines amid sectoral rotatio
Wipro reported a stable Q4 FY26 performance with 8% YoY revenue growth and strong large deal momentum of $1.44 billion. While profits were broadly flat year-on-year, the company highlighted an AI-first strategy, vendor consolidation trends, and steady margin performance amid a cautious IT spending environment.
Apollo Micro Systems Ltd receives lifetime defence manufacturing license for missiles, torpedoes, loitering munitions. Full details on categories, capacity, ecosystem, and 16% stock surge on NSE.
Seafood stocks rallied as strong export data, rising shrimp demand, and resilient global markets boosted investor confidence in Avanti Feeds and Apex Frozen Foods.
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