News for Radico Khaitan Limited (RADICO.NS)

Radico Khaitan also plans to add two more brands next fiscal.

Indian markets extended their losing streak, with Sensex falling 424.90 points and Nifty dropping 117.25 points. Weak global cues, U.S. tariffs, and FII outflows impacted sentiment. U.S. markets tumbled, while European stocks hit record highs. Nifty showed bearish patterns, with key support at 22,500. Heavy trading seen in Godrej Industries, Vodafone Idea, and Mahindra & Mahindra.

Indian markets closed flat post-Budget, reacting to modest capex growth and tax cuts. Nifty has support at 23,280, with resistance at 23,700–24,000. US markets fell on tariff concerns, while European stocks hit record highs. Kalyan Jewellers and RVNL led turnover. Sentiment remained neutral, with mixed stock movements across sectors.

Buzzing stocks, stocks to watch: Religare, ITD Cementation, MobiKwik, KFin Tech, ITC Hotels, Autoline Industries, OneSource, Lloyds Enterprises, HG Infra, Grasim

Indian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential policy changes in the US and India's high valuation. The rupee's weakness and a widening trade deficit are also concerns.

Indian markets ended in the red due to weak corporate earnings and foreign outflows. Nifty faces consolidation, with bullish momentum in some stocks like Indian Hotels and Page Industries.

The roads are jammed and shops are chock-a-block as people make beelines for malls and markets to grab just the perfect gift.

The Nifty formed a long bearish candle, indicating ongoing pressure. A minor pullback or sideways consolidation may occur in the next one to two days. Support is at 24,100 and 24,000, while immediate resistance is at 24,450–500, with crucial resistance at 24,700–750. Open interest data shows the highest call OI at 24,400 and 24,300, with put OI at 24,200.

The Nifty Bank index was trading 1.66 per cent down at 50674.5.

The Nifty IT index was trading 0.2 per cent down at 42056.7.

IndusInd Bank, Shriram Finance, M&M, BEL and Adani Ent. were among the top losers on NSE.

The Nifty Realty index was trading 2.39 per cent down at 962.25.

ABM International, Tirupati Forge, Radico Khaitan, Blue Chip India and Max Financial, hit their fresh 52-week highs at 10:08AM.

Indian benchmark equity indices declined for the fourth straight session, dragged by Hindustan Unilever's missed profit estimates and foreign fund outflows. Analysts note that the Nifty has declined over four sessions and appears oversold, suggesting a potential pullback to 24,550–24,600.

A long bullish candle appeared on the Nifty daily chart, signaling a decisive breakout above the 26,000 level after a period of consolidation. The daily chart shows positive patterns, including higher highs and lows, indicating strong upward momentum with minimal downward corrections.

Indian indices hit new highs for the fifth straight session, led by financials and energy, while small-caps declined. Nifty closed at 26,004, up 0.25%. Analysts remain positive on the market, with support at 25,800 and resistance at 26,200-26,250.

Benchmark index Nifty50 reached an all-time high for the fourth straight session, driven by gains in IT and financial stocks, while also marking its 13th session of the rally. Key stocks like Bajaj Finserv and HCL Tech rose notably. Nifty FMCG and Nifty IT sectors saw gains, although midcap and smallcap indices dropped by around 0.3%.

Nifty ended Friday's session with an 84-point gain and formed a rounding bottom pattern on the daily chart, signaling strength. This breakout suggests the index could rise towards 25,500 in the short term. If Nifty maintains levels above 25,500, it might advance towards the 26,000-26,250 range, aligning with the rounding bottom pattern target, according to Hrishikesh Yedve of Asit C Mehta Investment Intermediates.

Out of the 2,667 stocks traded on the NSE, 1,478 advanced, while 1,111 declined, and 78 remained unchanged during the intra-day deals on Monday: Mid-market update