Rural demand is likely to improve because of moderating consumer price inflation, sustained economic growth, expected budgetary push, and migration of the rural population back to urban areas (which would increase remittances from urban to rural India), it said.
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an
Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 as key resistance and 23,000 as options-based
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