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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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.
India VIX, often called the market’s fear gauge, has recently surged nearly 50%, raising concerns about rising volatility in the Indian stock market. By analysing historical periods such as the COVID-19 crash and the Russia-Ukraine war, we explore how VIX spikes impact the Nifty 50 and what investors should expect in the coming days.
Reliance Industries shares rebounded after a short-term correction as investors grew optimistic about improving diesel refining margins and potential catalysts such as a Jio IPO and telecom tariff hikes. However, cyclical refining margins and potential windfall taxes remain key risks to watch.
Indian equity markets ended higher with the Nifty 50 closing at 24,765.90 and the Sensex rising 899 points to 80,015.90. The rally was driven by easing geopolitical tensions involving Iran, strength in global markets, a rebound in the rupee, and strong buying interest in refinery stocks led by Reliance Industries.
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.
India VIX, often called the market’s fear gauge, has recently surged nearly 50%, raising concerns about rising volatility in the Indian stock market. By analysing historical periods such as the COVID-19 crash and the Russia-Ukraine war, we explore how VIX spikes impact the Nifty 50 and what investors should expect in the coming days.
Reliance Industries shares rebounded after a short-term correction as investors grew optimistic about improving diesel refining margins and potential catalysts such as a Jio IPO and telecom tariff hikes. However, cyclical refining margins and potential windfall taxes remain key risks to watch.
Indian equity markets ended higher with the Nifty 50 closing at 24,765.90 and the Sensex rising 899 points to 80,015.90. The rally was driven by easing geopolitical tensions involving Iran, strength in global markets, a rebound in the rupee, and strong buying interest in refinery stocks led by Reliance Industries.
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