The markets witnessed a volatile session on the weekly expiration day and fell almost half a percent, extending the ongoing consolidation phase. Analysts say the recent market action reflects a cautiously optimistic undertone, supported by solid domestic macro indicators.“Going forward, we expect further consolidation to continue, which would be healthy as long as the Nifty […]
Goldman Sachs has turned bullish on India’s defense manufacturing sector, naming PTC Industries, Bharat Electronics and Solar Industries among its top picks, after the Defense Acquisition Council (DAC) this week approved proposals worth Rs 790 billion, a move that the brokerage said underlines its belief in an increasing total addressable market (TAM) for domestic defense […]