Latest Economy Stock Market News

US and India aim to finalize an interim trade pact by June 25 ahead of a broader bilateral trade agreement (BTA) deadline in September-October. Talks are progressing, with India seeking exemption from the US's 26% reciprocal tariff and pushing for duty concessions in labor-intensive sectors. The US seeks concessions in areas like EVs, agriculture, and petrochemicals.

India’s data centre capacity is expected to reach 4,500 MW by 2030, with $20-25 billion in investments anticipated over the next five to six years. The sector has grown fourfold in seven years, currently standing at 1,263 MW, with Mumbai and Chennai accounting for two-thirds of the capacity. Growth is driven by rising demand for digital services, AI, IoT, and supportive government policies.

Prime Focus reported a 45.77% decline in net sales to Rs. 6.29 crore in March 2025 from Rs. 11.61 crore in March 2024. The quarterly net loss worsened to Rs. 16.12 crore, a 1770.46% increase, and EBITDA turned negative at Rs. 4.65 crore, down 133.57%. Shares closed at 109.69 on May 26, 2025, with -11.37% returns over six months.

Vertoz reported a standalone quarterly net sales of Rs. 17.39 crore in March 2025, up 67.97% year-over-year, with a net profit of Rs. 1.78 crore, rising 83.73%. EBITDA increased 185.4% to Rs. 3.91 crore. However, EPS dropped to Rs. 0.02 from Rs. 0.60. Shares closed at Rs. 9.18 on May 27, 2025, with -38.43% and -74.65% returns over 6 and 12 months, respectively.

The Asian Infrastructure Investment Bank plans to open offices in Hong Kong and Singapore, marking its largest expansion since its 2015 launch. With over $57 billion in assets, the bank aims to enhance its global presence and improve project management. The move, potentially announced in June, follows its first overseas office in Abu Dhabi and supports its strategic growth in capital markets.

Bengaluru-based Emmvee, a solar module maker with 1.5 GW capacity and over 30 years of experience, plans to raise ₹2,500-3,000 crore via IPO. Funds will expand manufacturing and repay debt. Strong demand for clean energy stocks, driven by government initiatives and India's 2030 target, supports this move, following successful sector IPOs.

Nvidia, a leader in AI chips, faces keen anticipation for its earnings report, which may set the tone for the tech industry. Despite a 29% stock drop earlier this year, shares rebounded as tariff concerns eased. Investors will watch for gross margins, customer demand, and updates on China exports and U.S. manufacturing efforts to mitigate tariff risks.

Taiwan's economy is expected to grow 3.1% in 2025, slightly lower than the previous forecast, due to uncertainty over U.S. tariffs and weak domestic consumption and investment. Exports are projected to rise 8.99%, driven by strong tech demand, with the U.S. being Taiwan's second-largest export market.

PepsiCo India reported revenue of ₹8,877 crore and profit of ₹883.4 crore for the calendar year 2024, reflecting strong performance in the FMCG sector despite challenges like urban consumption slowdown and inflation. The company highlighted its investments in India, including a ₹1,266 crore facility in Ujjain, and plans to expand capacity and infrastructure to drive growth.

Antonio Filosa was appointed CEO of Stellantis, succeeding Carlos Tavares. He faces key challenges, including regaining market share in the U.S. and Europe, navigating the electric vehicle transition with targets for 2030, addressing U.S. tariffs impacting imports, managing the company's 14-brand portfolio, rebuilding supplier relations, and tackling excess production capacity.

United Polyfab Gujarat reported a 29% decline in net sales to Rs 153.43 crore in March 2025, compared to Rs 216.10 crore in March 2024. The company incurred a net loss of Rs 5.05 crore, a significant increase from Rs 0.13 crore in the previous year. EBITDA rose 37.33% to Rs 11.44 crore, while EPS improved to Rs 1.70 from Rs 0.06. Shares closed at 16.53 on May 26, 2025.

Tatia Global Vennture reported a 46.02% increase in net sales to Rs. 0.38 crore in March 2025, with a 63.46% rise in net profit to Rs. 0.24 crore. EBITDA grew 80% to Rs. 0.27 crore, and EPS doubled to Rs. 0.02. Shares closed at Rs. 2.90 on BSE, yielding -5.54% over 6 months and -27.14% over 12 months.

Reported Standalone quarterly numbers for Supra Pacific Financial Services are: Supra Pacific Financial Services reported a 71.05% increase in net sales to Rs 14.75 crore in March 2025, compared to Rs 8.62 crore in March 2024. Net profit rose 56.28% to Rs 0.72 crore, and EBITDA grew 88.03% to Rs 8.01 crore. EPS increased to Rs 0.27 from Rs 0.20 year-over-year.

Induslaw, a leading Indian law firm, has partnered with global legal giant CMS, enhancing its international reach and CMS's entry into India's previously restricted market. The joint entity boasts over 6,800 lawyers across 45 countries, benefiting Indian clients globally. Induslaw plans to hire 100 lawyers, strengthening its competitive position in the legal landscape.

Bodal Chemicals reported a 14.56% rise in net sales to Rs 450.87 crore in March 2025, with a 610.63% increase in quarterly net profit to Rs 14.50 crore. EBITDA grew 62.36% to Rs 49.60 crore, and EPS rose to Rs 1.15 from Rs 0.16. Shares closed at 76.66 on NSE, yielding 5.27% over six months and 5.45% annually.

US and India aim to finalize an interim trade pact by June 25 ahead of a broader bilateral trade agreement (BTA) deadline in September-October. Talks are progressing, with India seeking exemption from the US's 26% reciprocal tariff and pushing for duty concessions in labor-intensive sectors. The US seeks concessions in areas like EVs, agriculture, and petrochemicals.

India’s data centre capacity is expected to reach 4,500 MW by 2030, with $20-25 billion in investments anticipated over the next five to six years. The sector has grown fourfold in seven years, currently standing at 1,263 MW, with Mumbai and Chennai accounting for two-thirds of the capacity. Growth is driven by rising demand for digital services, AI, IoT, and supportive government policies.

Prime Focus reported a 45.77% decline in net sales to Rs. 6.29 crore in March 2025 from Rs. 11.61 crore in March 2024. The quarterly net loss worsened to Rs. 16.12 crore, a 1770.46% increase, and EBITDA turned negative at Rs. 4.65 crore, down 133.57%. Shares closed at 109.69 on May 26, 2025, with -11.37% returns over six months.

Vertoz reported a standalone quarterly net sales of Rs. 17.39 crore in March 2025, up 67.97% year-over-year, with a net profit of Rs. 1.78 crore, rising 83.73%. EBITDA increased 185.4% to Rs. 3.91 crore. However, EPS dropped to Rs. 0.02 from Rs. 0.60. Shares closed at Rs. 9.18 on May 27, 2025, with -38.43% and -74.65% returns over 6 and 12 months, respectively.

The Asian Infrastructure Investment Bank plans to open offices in Hong Kong and Singapore, marking its largest expansion since its 2015 launch. With over $57 billion in assets, the bank aims to enhance its global presence and improve project management. The move, potentially announced in June, follows its first overseas office in Abu Dhabi and supports its strategic growth in capital markets.

Bengaluru-based Emmvee, a solar module maker with 1.5 GW capacity and over 30 years of experience, plans to raise ₹2,500-3,000 crore via IPO. Funds will expand manufacturing and repay debt. Strong demand for clean energy stocks, driven by government initiatives and India's 2030 target, supports this move, following successful sector IPOs.

Nvidia, a leader in AI chips, faces keen anticipation for its earnings report, which may set the tone for the tech industry. Despite a 29% stock drop earlier this year, shares rebounded as tariff concerns eased. Investors will watch for gross margins, customer demand, and updates on China exports and U.S. manufacturing efforts to mitigate tariff risks.

Taiwan's economy is expected to grow 3.1% in 2025, slightly lower than the previous forecast, due to uncertainty over U.S. tariffs and weak domestic consumption and investment. Exports are projected to rise 8.99%, driven by strong tech demand, with the U.S. being Taiwan's second-largest export market.

PepsiCo India reported revenue of ₹8,877 crore and profit of ₹883.4 crore for the calendar year 2024, reflecting strong performance in the FMCG sector despite challenges like urban consumption slowdown and inflation. The company highlighted its investments in India, including a ₹1,266 crore facility in Ujjain, and plans to expand capacity and infrastructure to drive growth.

Antonio Filosa was appointed CEO of Stellantis, succeeding Carlos Tavares. He faces key challenges, including regaining market share in the U.S. and Europe, navigating the electric vehicle transition with targets for 2030, addressing U.S. tariffs impacting imports, managing the company's 14-brand portfolio, rebuilding supplier relations, and tackling excess production capacity.

United Polyfab Gujarat reported a 29% decline in net sales to Rs 153.43 crore in March 2025, compared to Rs 216.10 crore in March 2024. The company incurred a net loss of Rs 5.05 crore, a significant increase from Rs 0.13 crore in the previous year. EBITDA rose 37.33% to Rs 11.44 crore, while EPS improved to Rs 1.70 from Rs 0.06. Shares closed at 16.53 on May 26, 2025.

Tatia Global Vennture reported a 46.02% increase in net sales to Rs. 0.38 crore in March 2025, with a 63.46% rise in net profit to Rs. 0.24 crore. EBITDA grew 80% to Rs. 0.27 crore, and EPS doubled to Rs. 0.02. Shares closed at Rs. 2.90 on BSE, yielding -5.54% over 6 months and -27.14% over 12 months.

Reported Standalone quarterly numbers for Supra Pacific Financial Services are: Supra Pacific Financial Services reported a 71.05% increase in net sales to Rs 14.75 crore in March 2025, compared to Rs 8.62 crore in March 2024. Net profit rose 56.28% to Rs 0.72 crore, and EBITDA grew 88.03% to Rs 8.01 crore. EPS increased to Rs 0.27 from Rs 0.20 year-over-year.

Induslaw, a leading Indian law firm, has partnered with global legal giant CMS, enhancing its international reach and CMS's entry into India's previously restricted market. The joint entity boasts over 6,800 lawyers across 45 countries, benefiting Indian clients globally. Induslaw plans to hire 100 lawyers, strengthening its competitive position in the legal landscape.

Bodal Chemicals reported a 14.56% rise in net sales to Rs 450.87 crore in March 2025, with a 610.63% increase in quarterly net profit to Rs 14.50 crore. EBITDA grew 62.36% to Rs 49.60 crore, and EPS rose to Rs 1.15 from Rs 0.16. Shares closed at 76.66 on NSE, yielding 5.27% over six months and 5.45% annually.

Turkey’s civil aviation authority has introduced new regulations to enhance safety during aircraft disembarkation. Passengers are now prohibited from unbuckling seat belts, accessing overhead compartments, or occupying the aisle before the plane has fully stopped. Violations may result in fines of up to $70.

Saudi Arabia’s stock market is set to be the worst performer globally this month, with the Tadawul All Share Index dropping 6.4% in May, its fourth consecutive monthly decline. Falling oil prices, which hit a four-year low, have raised concerns about slower spending on mega projects and widened the kingdom’s budget deficit.

The Cabinet Committee on Economic Affairs, led by PM Modi, has approved increased MSPs for the 2025-26 kharif season. Key hikes include paddy at ₹2,369/quintal (3% increase), tur at ₹8,000/quintal (₹450 rise), and urad at ₹7,800/quintal (₹400 rise). These changes aim to ensure fair prices for farmers, aligning with the Union Budget's commitment to set MSPs at 1.5 times production costs.

Indian students are diversifying their overseas education choices beyond traditional destinations like the U.S., Canada, and the U.K., with the top 10 countries' share dropping from 89.1% to 84.7%. While the U.S. saw increased market share, Canada and the U.K. declined. Germany, Russia, Bangladesh, and Central Asian nations gained popularity, with Germany's student intake rising significantly.

India’s Advertising Standards Council (ASCI) flagged over 9,500 ads in 2024-25, with major brands like Mamaearth, L’Oréal, Apple, and Hindustan Unilever found non-compliant. Instagram emerged as the largest source of violations, while betting and real estate ads dominated. Influencer marketing also faced scrutiny, with many failing to disclose paid promotions.

Info Edge (India) Ltd reported a significant rise in Q4 net profit to ₹463.3 crore, driven by an exceptional gain of ₹25.5 crore, compared to a ₹60.3 crore profit in the same quarter last year. Operating revenue grew 14% YoY to ₹749.6 crore, with EBITDA increasing 13% to ₹247.9 crore. The company also reported a strong cash position of ₹4,786 crore and proposed a final dividend of ₹3.60 per share.

Supriya Lifescience aims for over 20% annual revenue growth, guided by Managing Director Saloni Wagh. In Q4FY25, revenue rose 16.4% to ₹184.1 crore, with profit up 36.4% to ₹50.4 crore and margins expanding to 36.7%. Margins are expected to stabilize at 33-35%. The company is strengthening its presence in regulated markets, which currently contribute 50% of revenue.

IndiGo appointed Vikram Singh Mehta as Chairman of its board, succeeding Venkataramani Sumantran, whose five-year term ended. Mehta, former Chairman of Shell India and CEO of Shell Egypt, has extensive corporate experience and holds degrees from Oxford and Tufts. Sumantran is credited with navigating IndiGo’s post-COVID recovery and growth during his tenure.

Indian benchmark indices fell for the second straight session on May 28, dragged by fund outflows from block deals and primary market activity. Sensex dropped 239 points to 81,312, and Nifty fell 74 points to 24,752. Key movers included ITC (-3.5%), LIC (+8.1%), Apollo Micro Systems (+13.3%), while Aurobindo Pharma and Bharat Dynamics declined.

Hero FinCorp, the financial services arm of Hero MotoCorp, has received SEBI approval for its ₹3,668 crore IPO, comprising a ₹2,100 crore fresh issue and ₹1,568 crore OFS. Proceeds will enhance the company's Tier-I capital for future lending. Established in 1991, Hero FinCorp offers financing for two-wheelers, affordable housing, education, and MSMEs, with an AUM of ₹51,821 crore as of March 2024.

Vaxfab Enterprises' stock rose 5% to ₹13.96 after reporting a 190% YoY increase in Q4 net profit to ₹1.78 crore and a 540% rise in total income to ₹59.38 crore. The company is expanding its product lines and diversifying into textiles and clothing, supported by strategic initiatives and a rights issue of ₹12.96 crore in 2023.

Finolex Cables reported a 13.8% year-on-year rise in March quarter revenue to ₹1,594.6 crore, with a 3% increase in net profit to ₹191.7 crore. EBITDA grew 5.5% to ₹170.8 crore, though margins narrowed due to commodity price volatility. Electrical Wires volumes rose 7%, while Cables surged 50%, driven by a 30% increase in optical fibre cables. The company declared a ₹8 per share dividend for FY25.

📈 Domestic benchmark indices closed on a negative note on 28 May 2025. 📢 At 3:30 PM, the Sensex tanked by 239.31 points or 0.29% at 81,312.32, and the Nifty was down 73.75 points or 0.30% at 24,752.45. 📊Among sectoral, Nifty PSU Bank (⬆️0.97%) turned out to be the best performer while Nifty FMCG (⬇️1.49%) saw considerable selling.

US and India aim to finalize an interim trade pact by June 25 ahead of a broader bilateral trade agreement (BTA) deadline in September-October. Talks are progressing, with India seeking exemption from the US's 26% reciprocal tariff and pushing for duty concessions in labor-intensive sectors. The US seeks concessions in areas like EVs, agriculture, and petrochemicals.

India’s data centre capacity is expected to reach 4,500 MW by 2030, with $20-25 billion in investments anticipated over the next five to six years. The sector has grown fourfold in seven years, currently standing at 1,263 MW, with Mumbai and Chennai accounting for two-thirds of the capacity. Growth is driven by rising demand for digital services, AI, IoT, and supportive government policies.

Prime Focus reported a 45.77% decline in net sales to Rs. 6.29 crore in March 2025 from Rs. 11.61 crore in March 2024. The quarterly net loss worsened to Rs. 16.12 crore, a 1770.46% increase, and EBITDA turned negative at Rs. 4.65 crore, down 133.57%. Shares closed at 109.69 on May 26, 2025, with -11.37% returns over six months.

Vertoz reported a standalone quarterly net sales of Rs. 17.39 crore in March 2025, up 67.97% year-over-year, with a net profit of Rs. 1.78 crore, rising 83.73%. EBITDA increased 185.4% to Rs. 3.91 crore. However, EPS dropped to Rs. 0.02 from Rs. 0.60. Shares closed at Rs. 9.18 on May 27, 2025, with -38.43% and -74.65% returns over 6 and 12 months, respectively.

The Asian Infrastructure Investment Bank plans to open offices in Hong Kong and Singapore, marking its largest expansion since its 2015 launch. With over $57 billion in assets, the bank aims to enhance its global presence and improve project management. The move, potentially announced in June, follows its first overseas office in Abu Dhabi and supports its strategic growth in capital markets.

Bengaluru-based Emmvee, a solar module maker with 1.5 GW capacity and over 30 years of experience, plans to raise ₹2,500-3,000 crore via IPO. Funds will expand manufacturing and repay debt. Strong demand for clean energy stocks, driven by government initiatives and India's 2030 target, supports this move, following successful sector IPOs.

Nvidia, a leader in AI chips, faces keen anticipation for its earnings report, which may set the tone for the tech industry. Despite a 29% stock drop earlier this year, shares rebounded as tariff concerns eased. Investors will watch for gross margins, customer demand, and updates on China exports and U.S. manufacturing efforts to mitigate tariff risks.

Taiwan's economy is expected to grow 3.1% in 2025, slightly lower than the previous forecast, due to uncertainty over U.S. tariffs and weak domestic consumption and investment. Exports are projected to rise 8.99%, driven by strong tech demand, with the U.S. being Taiwan's second-largest export market.

PepsiCo India reported revenue of ₹8,877 crore and profit of ₹883.4 crore for the calendar year 2024, reflecting strong performance in the FMCG sector despite challenges like urban consumption slowdown and inflation. The company highlighted its investments in India, including a ₹1,266 crore facility in Ujjain, and plans to expand capacity and infrastructure to drive growth.

Antonio Filosa was appointed CEO of Stellantis, succeeding Carlos Tavares. He faces key challenges, including regaining market share in the U.S. and Europe, navigating the electric vehicle transition with targets for 2030, addressing U.S. tariffs impacting imports, managing the company's 14-brand portfolio, rebuilding supplier relations, and tackling excess production capacity.

United Polyfab Gujarat reported a 29% decline in net sales to Rs 153.43 crore in March 2025, compared to Rs 216.10 crore in March 2024. The company incurred a net loss of Rs 5.05 crore, a significant increase from Rs 0.13 crore in the previous year. EBITDA rose 37.33% to Rs 11.44 crore, while EPS improved to Rs 1.70 from Rs 0.06. Shares closed at 16.53 on May 26, 2025.

Tatia Global Vennture reported a 46.02% increase in net sales to Rs. 0.38 crore in March 2025, with a 63.46% rise in net profit to Rs. 0.24 crore. EBITDA grew 80% to Rs. 0.27 crore, and EPS doubled to Rs. 0.02. Shares closed at Rs. 2.90 on BSE, yielding -5.54% over 6 months and -27.14% over 12 months.

Reported Standalone quarterly numbers for Supra Pacific Financial Services are: Supra Pacific Financial Services reported a 71.05% increase in net sales to Rs 14.75 crore in March 2025, compared to Rs 8.62 crore in March 2024. Net profit rose 56.28% to Rs 0.72 crore, and EBITDA grew 88.03% to Rs 8.01 crore. EPS increased to Rs 0.27 from Rs 0.20 year-over-year.

Induslaw, a leading Indian law firm, has partnered with global legal giant CMS, enhancing its international reach and CMS's entry into India's previously restricted market. The joint entity boasts over 6,800 lawyers across 45 countries, benefiting Indian clients globally. Induslaw plans to hire 100 lawyers, strengthening its competitive position in the legal landscape.

Bodal Chemicals reported a 14.56% rise in net sales to Rs 450.87 crore in March 2025, with a 610.63% increase in quarterly net profit to Rs 14.50 crore. EBITDA grew 62.36% to Rs 49.60 crore, and EPS rose to Rs 1.15 from Rs 0.16. Shares closed at 76.66 on NSE, yielding 5.27% over six months and 5.45% annually.

Turkey’s civil aviation authority has introduced new regulations to enhance safety during aircraft disembarkation. Passengers are now prohibited from unbuckling seat belts, accessing overhead compartments, or occupying the aisle before the plane has fully stopped. Violations may result in fines of up to $70.

Saudi Arabia’s stock market is set to be the worst performer globally this month, with the Tadawul All Share Index dropping 6.4% in May, its fourth consecutive monthly decline. Falling oil prices, which hit a four-year low, have raised concerns about slower spending on mega projects and widened the kingdom’s budget deficit.

The Cabinet Committee on Economic Affairs, led by PM Modi, has approved increased MSPs for the 2025-26 kharif season. Key hikes include paddy at ₹2,369/quintal (3% increase), tur at ₹8,000/quintal (₹450 rise), and urad at ₹7,800/quintal (₹400 rise). These changes aim to ensure fair prices for farmers, aligning with the Union Budget's commitment to set MSPs at 1.5 times production costs.

Indian students are diversifying their overseas education choices beyond traditional destinations like the U.S., Canada, and the U.K., with the top 10 countries' share dropping from 89.1% to 84.7%. While the U.S. saw increased market share, Canada and the U.K. declined. Germany, Russia, Bangladesh, and Central Asian nations gained popularity, with Germany's student intake rising significantly.

India’s Advertising Standards Council (ASCI) flagged over 9,500 ads in 2024-25, with major brands like Mamaearth, L’Oréal, Apple, and Hindustan Unilever found non-compliant. Instagram emerged as the largest source of violations, while betting and real estate ads dominated. Influencer marketing also faced scrutiny, with many failing to disclose paid promotions.

Info Edge (India) Ltd reported a significant rise in Q4 net profit to ₹463.3 crore, driven by an exceptional gain of ₹25.5 crore, compared to a ₹60.3 crore profit in the same quarter last year. Operating revenue grew 14% YoY to ₹749.6 crore, with EBITDA increasing 13% to ₹247.9 crore. The company also reported a strong cash position of ₹4,786 crore and proposed a final dividend of ₹3.60 per share.

Supriya Lifescience aims for over 20% annual revenue growth, guided by Managing Director Saloni Wagh. In Q4FY25, revenue rose 16.4% to ₹184.1 crore, with profit up 36.4% to ₹50.4 crore and margins expanding to 36.7%. Margins are expected to stabilize at 33-35%. The company is strengthening its presence in regulated markets, which currently contribute 50% of revenue.

IndiGo appointed Vikram Singh Mehta as Chairman of its board, succeeding Venkataramani Sumantran, whose five-year term ended. Mehta, former Chairman of Shell India and CEO of Shell Egypt, has extensive corporate experience and holds degrees from Oxford and Tufts. Sumantran is credited with navigating IndiGo’s post-COVID recovery and growth during his tenure.

Indian benchmark indices fell for the second straight session on May 28, dragged by fund outflows from block deals and primary market activity. Sensex dropped 239 points to 81,312, and Nifty fell 74 points to 24,752. Key movers included ITC (-3.5%), LIC (+8.1%), Apollo Micro Systems (+13.3%), while Aurobindo Pharma and Bharat Dynamics declined.

Hero FinCorp, the financial services arm of Hero MotoCorp, has received SEBI approval for its ₹3,668 crore IPO, comprising a ₹2,100 crore fresh issue and ₹1,568 crore OFS. Proceeds will enhance the company's Tier-I capital for future lending. Established in 1991, Hero FinCorp offers financing for two-wheelers, affordable housing, education, and MSMEs, with an AUM of ₹51,821 crore as of March 2024.

Vaxfab Enterprises' stock rose 5% to ₹13.96 after reporting a 190% YoY increase in Q4 net profit to ₹1.78 crore and a 540% rise in total income to ₹59.38 crore. The company is expanding its product lines and diversifying into textiles and clothing, supported by strategic initiatives and a rights issue of ₹12.96 crore in 2023.

Finolex Cables reported a 13.8% year-on-year rise in March quarter revenue to ₹1,594.6 crore, with a 3% increase in net profit to ₹191.7 crore. EBITDA grew 5.5% to ₹170.8 crore, though margins narrowed due to commodity price volatility. Electrical Wires volumes rose 7%, while Cables surged 50%, driven by a 30% increase in optical fibre cables. The company declared a ₹8 per share dividend for FY25.

📈 Domestic benchmark indices closed on a negative note on 28 May 2025. 📢 At 3:30 PM, the Sensex tanked by 239.31 points or 0.29% at 81,312.32, and the Nifty was down 73.75 points or 0.30% at 24,752.45. 📊Among sectoral, Nifty PSU Bank (⬆️0.97%) turned out to be the best performer while Nifty FMCG (⬇️1.49%) saw considerable selling.