Indian shares closed lower on Friday, with the Sensex and Nifty extending losses for a fifth straight session, as concerns over global trade and political uncertainty in Washington weighed on investor sentiment. An early attempt at a recovery quickly faded, with benchmark indices sliding into the red within minutes of the open as caution returned […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]