“Heavyweights, such as Reliance and Tata Motors, which posted weaker-than expected performance, dragged the Nifty50 earnings,” it said, adding that Nifty50 profits, excluding Reliance Industries and Tata Motors, rose 9 per cent YoY against the expectations of 6 per cent growth.
Large HNI and institutional money continuing to buy on every dip: N Jayakumar
N Jayakumar of Prime Securities believes India is attracting substantial investment due to its strong foundation. He estimates significant HNI positions have been cleared. Institutional