Higher commodity prices have been one of the key reasons for earnings buoyancy over the last two years. In FY22, the global rally in commodity prices alone accounted for 50% of incremental Nifty earnings growth. Analysts said further downgrades would weigh down markets that are already trading at premium valuations.
Ventive Hospitality IPO subscribed 1.28 times as on Day 2. Check GMP, key dates and review
Ventive Hospitality IPO GMP: Ventive Hospitality’s Rs 1,600 crore IPO has been subscribed 78% by December 20, attracting strong demand from QIBs. The company offers