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Paints Sector: Inflation and intensifying competition pose double threat - Vimarsana News

Paints Sector: Inflation and intensifying competition pose double threat

ICICI Securities warns of inflationary impact on paint industry amid crude oil price surge. Competitive activity may result in reduced advertising budgets and more competitive trade and consumer schemes. It maintains a 'Hold' rating on Akzo Nobel and Indigo Paints.

Markets halt 5-day losing streak after Credit Suisse lifeline lifts mood - Vimarsana News

Markets halt 5-day losing streak after Credit Suisse lifeline lifts mood

At home, banking stocks recovered, while metal stocks witnessed heavy selling pressure. Smallcap stocks saw money going out in the broader market. However, investors remain on the edge regards to turmoil in banks globally.