Thursday, August 13
Mumbai: Shares of Nifty heavyweight Reliance Industries dropped over 3% on Monday, after the company's third-quarter results late last week. Analysts said lower-than-expected growth across businesses disappointed investors and investors should wait for further cues as growth expectations are tempered. RIL shares fell 3.1% to ₹1,413.20 on Monday, contributing to benchmark Nifty and Sensex's near 0.5% fall. "The deceleration in growth across verticals, especially the significant slowdown in the retail vertical led to the slide in the price," said Dharmesh Kant, head of Research, Cholamandalam Securities. "There were expectations from Jio ahead of the IPO, but the company was not able to scale ARPU despite 65% market share in the 5G spectrum segment, which shows confidence is lagging."12673
India’s eight core infrastructure sectors expanded by 3.7 per cent in December 2025, slowing from 5.1 per cent in the same month last year but marking a clear pickup from 2.1 per cent growth in November, government data showed on Tuesday.The Index of Eight Core Industries (ICI), which tracks coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, recorded 3.7 per cent (provisional) growth year-on-year in December 2025. Notably, five sectors--coal, fertilisers, steel, cement and electricity, posted positive growth during the month.The eight core industries together account for 40.27 per cent of the weight in the Index of Industrial Production (IIP), making the data a key indicator of broader industrial momentum.On a cumulative basis, core sector outpu
