India’s hot summer creates winners in its pricey stock market

India’s hot summer creates winners in its pricey stock market

Predictions of scorching heat across India are giving fresh fodder to traders as they hunt for stocks that can outperform in an overvalued market. Shares of air cooler makers and power generators rallied this week after the nation’s weather agency warned of hotter-than-usual temperature through the end of June. The sectoral advance comes amid concerns … Read more

indian stock market: Market wrap: Property wins big, Adani lags in stellar year for Indian stocks

indian stock market: Market wrap: Property wins big, Adani lags in stellar year for Indian stocks

Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more