Mumbai: Investors punished two major consumer and business groups on Wednesday after sudden leadership changes raised questions about stability, succession and future strategy. Godrej Consumer Products Limited shares plunged 10 percent to Rs 916.20, hitting the lower circuit and a fresh 52-week low. Meanwhile, several listed Tata Group companies fell by up to 4 percent after N Chandrasekaran…
Commerzbank analysts highlight cautious positioning in the Dollar ahead of July US CPI, with the Dollar Index steady near 99.83 and EUR/USD around 1.1540.
Oil prices climbed and Wall Street pulled back from record highs, while South Korea's Kospi surged more than 4% on renewed chip-buying, as markets brace for a crucial US inflation reading.
ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns following a sharp run-up despite strong long-term prospects.
