India’s food and high-speed trading ecosystem is entering a decisive phase, marked by new entrants, deep-pocketed incumbents and increasing investor scrutiny of profitability. Even as a new player filed its draft Red Herring Prospectus (DRHP) this weekend, the sector remains flush with capital, with existing players sitting on nearly ₹40,000 crore of cash. While fundraising […]
The Indian stock market continues to float in a wide trading range, where investors are closely following profit -trends and policy developments for the direction. “Markets await revenue for income to breathe new life into, 6-8% profit growth. This level of 24,000-25,000 often looks full, but given the speed-saving cycle in which we find themselves, […]