Indian toy industry shows robust growth as exports surge
A few years back, the ‘Made in China’ toys were ruling the Indian market but not anymore, according to industry data.
A few years back, the ‘Made in China’ toys were ruling the Indian market but not anymore, according to industry data.
Adani Group's market capitalization continued to gain for the ninth consecutive day on Wednesday. The group's market capitalization crossed Rs 16.5 lakh crore on Wednesday, gaining 10.6 per cent in the past nine trading sessions.
Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday.
After sustained buying for three months, FPIs have turned sellers in the Indian market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The S&P BSE Sensex index was down 196 points to 58,025.17 level whereas Nifty50 dipped 51 points to 17,280 at 9.51 IST on Friday.
Less than 50 startups raised their first round of funds in Q2 2020, while 52% of startups struggled to raise additional funding, as per reports.
In the previous session, the BSE barometer ended 382.91 points, or 1.02 per cent, lower at 37,068.93, and the Nifty shed 97.80 points, or 0.89 per cent, to finish at 10,948.30.
In 2018, Samsung had 50 per cent market share (by value) and 49 per cent market share (by volume), according to German research firm Gfk.
This time, their target seems to be different ~ the Chinese tech giant is eyeing the premium segment, which means direct competition with Samsung and Apple.
The Sensitive Index (Sensex) of the BSE, which had closed at 39,502.05 points on Wednesday, opened higher at 39,580.28 points. Minutes into trading, it was quoting at 39,600.35 points, up by 98.30 points, or 0.25 per cent.
