#ITC #FMCG #Q2FY26 #Q2Results To view or add a comment, sign in Daily Market Wrap | 24th October 2025 Markets stay steady as global cues remain mixed JP Morgan expects gold to average around $5055/oz by late 2026 driven by central bank demand and strong investor interest Market Snapshot Sensex 84,556 0.15% Nifty 25,891 0.09% Gold 1,23,360 (10 gm) 1.23% USD-INR 87.85 0.09% Key Highlights HUL Q2 profit rises 4% YoY to 2,685 crore Torrent Pharma gets CCI nod for 19,500 crore JB Chemicals acquisition SBI General Insurance GWP hits 7,376 crore, up 11% Yes Bank to speed expansion with SMBC on board Cipla to sell Eli Lillys weight loss drug in India Gold continues to shine as investors look ahead to a potential Fed rate cut cycle #MarketUpdate #Investing #StockMarket #Sensex #Nifty #MutualFunds #Gold #FinancialMarkets #WealthCreation #InvestmentInsights To view or add a comment, sign in The Economist talks about why American tobacco stocks have outperformed tech in recent years and textbook example of "price-inelastic" buyers: Over the past decade, the # of US smokers has declined by 20m (and cigarettes sold is down by 1/3rd) So, cigarette firms have charged more to their most committed smokers (operating margins grown from 50% to 60%) In 2025, cigarette makers in the US will make operating profit of $22B While the industry goes away, only the most addicted smokers are left
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(For an application, go online to the Division of Alcoholic Beverages and Tobacco.)This year's drawing drew a record number of entries 28,544 due in part to greater publicity about the process
