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.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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