India's consumption theme is poised for a strong FY26, fueled by tax cuts, easing monetary policy, and a promising monsoon. The Rs 1 lakh crore income tax relief and potential 8th Pay Commission implementation are expected to boost spending.
Stocks including TCS, IndusInd Bank, ICICI Prudential Life, IREDA, Vedanta, Adani Total Gas, Swiggy, NHPC, Dabur India, MGL and Gensol will be in the spotlight on Wednesday, April 16.
Indian markets closed lower on Thursday after the U.S. imposed 26% tariffs, despite gains in pharma stocks exempted from these duties. The broader market remained resilient due to positive domestic economic data and declining crude oil prices, mitigating some impact.
Indian benchmark indices ended lower on Thursday following the U.S. announcement of 26% reciprocal tariffs, although the decline was limited by a rally in pharma stocks
Dabur India Limited, one of India’s leading FMCG companies, has projected flat consolidated revenue for the quarter ended March 31, 2025 (Q4 FY25), according to the company’s recent performance update.