NSDL data shows that FIIs sold Indian stocks worth around Rs 7,624 crore in September, pulling Sensex down by over 2,100 points or 3.5% during the month.
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and
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