Shares of companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today’s market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC … Read more
Mumbai: Shares of metal companies were among the top losers Wednesday as fresh concerns over the economic prospects of China, one of the largest consumers of commodities like steel, aluminium, and copper among others, prompted traders to cut their bets. The Nifty Metal index fell 1.81% Wednesday. Among steel producers, JSW Steel, SAIL and Tata … Read more
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
