Shares of FSN E-Commerce Ventures have staged a sharp comeback, rising 64% over the past year to emerge as the top performer in the internet space amid signs of an operational turnaround. However, Nykaa’s parent company’s valuations raise concerns about whether the current price offers a favorable risk-reward proposition and whether the stock has enough […]
India’s frontline indices Nifty and the BSE Sensex closed sharply lower on Tuesday, dragged by a sharp decline in IT, auto and banking stocks. Today’s fall has wiped out Rs 2.85 lakh crore of investor wealth for stocks listed on the BSE. While the 30-share Sensex closed 1,069 points or 1.28% lower at 82,226, the […]