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The maker of Coke and Sprite soft drinks and Minute Maid juice said volume performance was driven by continued recovery in away-from-home channels and ongoing investments. Quincey said the beverage maker gained shares in sparkling soft drinks and juices and that it is “continuing to invest in the marketplace availability and execution to capture growth.”

The Dow Jones Industrial Average fell by 87 points, or 0.3%. The S&P 500 lost 0.4% and the Nasdaq Composite declined 0.8%.

“Last quarter saw significant cost pressures and that had to an extent continued even in the first part of the first quarter of the current fiscal.”

The regulator had conducted an investigation in the matter to ascertain whether certain entities have traded in the scrip of Varun Beverages Ltd (VBL) during the period of December 21, 2017 to January 4, 2018 on the basis of Unpublished Price Sensitive Information (UPSI) pertaining to VBL entering into strategic partnership with PepsiCo India for sale and distribution of the larger Tropicana portfolio.

Its consolidated revenue from operations increased 48% to Rs 14,776 crore in the quarter under review as against Rs 9974 crore in the same quarter last fiscal.

NII or the difference between the interest earned on loans and that paid on deposits increased 8% to Rs 7582 crore from Rs 7013 crore a year ago. Other income growth was slower at just 1% year on year, mainly as treasury income fell 64% to Rs 395 crore from Rs 1100 crore a year ago.

This is Ujjivan’s highest quarterly net profit, also backed by a 38% year-on-year jump in loan portfolio to Rs 19,409 crore and a record Rs 4,326 crore disbursement during the quarter under review.Its net interest margin improved to 9.6% against 8% in the year-ago period (without adjusting for Rs 1794 crore and Rs 674 crore of selling down of loans through inter-bank deals and securitization, respectively.)

"The hourly chart shows that the index is parting from an upper channel line on the downside, and on the way down, it has breached the key hourly moving averages. The hourly Bollinger Bands have started expansion, thus, making way for the index on the downside. Also, the Nifty50 has entered into a recent gap area on the daily chart and can move down further towards 15,360 to fill up the gap area," Ratnaparkhi said.

Consolidated revenues for the quarter jumped 22 per cent YoY to Rs 35,853 crore, thanks to strong execution seen in the infrastructure segment and sustained growth momentum in the IT&TS portfolio.

“Why should India not be a 100-million-ton exporter of steel and if we want to produce 300 million tons of steel, we cannot keep waiting for the domestic market to take us to that level, we need to look at the export markets as well.”