Latest Updates Around The World
Shares of Manappuram Finance fell 10% intraday to hit the day’s low of aRs 278.55 on the NSE, following a Reuters report saying India’s banking regulator has raised objections to Bain Capital’s plan to acquire a majority stake in the company.The Reserve Bank of India has expressed reservations, saying the U.S. company has a controlling […]
Indian shares may have regained the 26,000-point mark on the Nifty, but maintaining this level will depend heavily on global signals – especially a possible US-India trade deal – according to market expert Sudip Bandyopadhyay. Speaking to ET Now, he said the recent upturn is encouraging but far from a decisive breakthrough.“In the near future, […]
India’s subdued market phase may be coming to an end, with the next one to three years likely to be driven by a strong earnings rebound, said Aditya Sood, portfolio manager at InCred Asset Management. Over the past 15 to 16 months, we have seen flat market returns and corrections in small and midcaps, but […]
