Stocks of defence firms surged in past few yrs, by over 1,000% in some cases, driven by narrative that they would gain from govt’s domestic procurement push. Now, those stocks are tanking.
PSUs & capex-linked stocks have been showing strong growth, driven by 'narrative' of Modi's infrastructure creation. Now, investors will likely rely on underlying company fundamentals.
SEBI paper proposes new eligibility criteria for stocks to qualify for futures & options market. The market's strong growth signals that norms need a review to protect investors.
The conglomerate stated it made the necessary regulatory disclosures & said the Hindenburg report intended to enable the US-based short seller to book gains, without citing evidence.
Asian equities fell as investors worried about rising interest rates & an escalation in the Ukraine war amid warnings from the World Bank and the IMF of global recession risks.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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