After gaining about 20 per cent in the last five sessions, on the back of positive news flow, the mining major saw a knee-jerk reaction to the company’s clarification submitted to the bourses.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.