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.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS