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As of 31-Mar-2022, promoters held 0.0 per cent stake in the company, while FIIs held 9.35 per cent and domestic institutional investors had 1.93 per cent.

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State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 417939.56 Crore).

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Net-net analysts have positive views on Sun Pharma, Tata Motors and InterGlobe Aviation, neutral to negative views on Vodafone Idea and no view on New India Assurance Company.

“I feel that India is a place to go but there is still a lot of confusion about how to do it and also a lot of the existing players are taking money off the table because they are seeing opportunities in other emerging markets. If one is an emerging market player, one would be looking at buying on dips in China, buying on dips maybe even in Russia.”

“If somebody has a slightly long-term view, steel stocks like JSPL, Tata Steel definitely look good for a one- two year hold at current level post correction. Among banks, we are extremely positive that SBI can move up over 20% from here if somebody is patient and willing to wait for one year.”

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The timing might not be ideal for India though, especially for a rupee issuance.

All major tokens were trading sharply lower. Solana plunged about 13 per cent, whereas Avalanche posted a 10 per cent cut. Shiba Inu and Polkadot dropped 7 per cent each. Bitcoin and others were 6 per cent down.

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 522999.28 Crore).

Nestle India eyeing new categories to push growth

Updated at : 2022-06-02 10:00:04

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"The growth strategy of the company continues to be aggressive. Our categories have headroom for penetration. There are new opportunities whether it is in healthy ageing products, plant-based nutrition, healthy snacking and the toddler segment (for nutrition). All of these will be happening in the next couple of years.

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