Indian markets ended Friday with a sharp decline, but late economic growth data has changed the mood in the short term. The BSE Sensex fell 961 points or 1.17% to close at 81,287. During the day, more than 1,000 points had fallen. In one session, investors lost around Rs 4.98 lakh crore in market value […]
Motilal Oswal Financial Services has identified 30 companies that it believes could benefit most as India enters its next multi-decade growth era. The broker expects India’s gross domestic product to rise from $4 trillion today to over $16 trillion by 2042, driven by steady domestic demand, a young demographic, rising productivity and a sustained investment […]
Even as Indian equities remain within their range and the Nifty is down almost 1% this week, optimism about the broader economy and earnings rebound is increasing. According to Varun Goel, head of investments at Nippon India Mutual Fund, the current earnings season is “in line with or slightly above expectations”, paving the way for […]
Foreign investors can withdraw from Indian shares, but Kotak Mahindra AMC’s Nilesh Shah says that the priority for India Inc. Growth and administration must remain. In a message about microblog site X (formerly Twitter) on Friday, Shah asked a series of rhetorical questions about the shifting dynamics of the market. “Since FPIs are underweight, they […]