This is because the Q2 forecast reveals a flat PAT trend on a YoY basis for the Nifty50 index constituents. This is in contrasts with the actual PAT growth in Q1, which was around 20 per cent, supported by a low base and traction in economic activity.
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea’s SK Hynix reached a $1 trillion
Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds.
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