Top gainers and losers today: Shares of Jio Financial Services, Adani Ports, UltraTech Cement, Shriram Finance and Tata Steel led the gainers of Nifty 50 in the mid-trading session. Meanwhile, ONGC, NTPC, Power Grid, IndusInd and BEL were the only laggards. All Adani stocks in green. Defence stocks tank except Cyient DLM and Solar Industries.
Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.
Feb 07, 2025 / 06:30AM GMTOperator Ladies and gentlemen, good day. And welcome to KRBL Limited Q3 FY25 earnings conference call. (Operator Instructions) I now h
Stock Market Today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 7 February 2025.
Sensex, Nifty updates on 6 February 2025: Benchmark indices Sensex and Nifty slid for the second consecutive day on Thursday amid caution ahead of the RBI’s monetary policy decision and fresh foreign fund outflows. The 30-share BSE Sensex dropped 213.12 points or 0.27 per cent to settle at 78,058.16. The NSE Nifty declined 92.95 points or 0.39 per cent to 23,603.35 with 30 of its constituents closing lower.
Budget boosts agriculture, commodities sectors with focus on farmers' welfare, technological advancement, and sustainable growth, but lacks in some areas.
This shift reflects a healthier society, with rising income levels leading to an increase in the consumption of vegetables, fruits, and other nutritious foods.
Several other market participants say that rice prices in other key growing nations, who compete for market share with India, have started dropping, with India entering the market with little or no barrier.
India is the world’s leading exporter of Basmati rice, shipping 5.24 million metric tonnes worth ₹48,389 crore in 2023-24, as per the latest data from APEDA.
Shares of rice companies like KRBL, LT Foods, and Kohinoor Foods surged up to 15% on BSE after the government removed the $950/tonne minimum export price for basmati rice, boosting global demand.
Basmati rice demand has surged as biryani becomes a popular fast food in India, driven by online food delivery services. LT Foods reports 24% growth in institutional business, with biryani orders leading on platforms like Swiggy and Zomato, reflecting a shift in consumer habits.