Indian shares can finally turn an angle after months of downward revisions, according to Motilal Oswal Financial Services, which says that the worst profit reductions are probably left behind. The brokerage noted that “a better profit cycle, decent ratings and a base of underperformance formed the stage for potential up-move in market and valuation extension […]
The Indian market ended marginal higher on Thursday, with early losses when buying picked up in the last hour of trade on the weekly expiry date of Nifty derivatives. Sentiment recovered after brokers said that the impact of the abrupt step of US President Donald Trump to double rates on Indian export would be limited, […]
Cash possession of actively managed stock -oriented investment funds fell to a lowest point of seven months of 5.5 percent in June, which indicated a shift of the cautious attitude that was seen earlier in the year. The cash levels, which amounted to 4.6 percent in June 2024, had steadily risen to a peak of […]