The Indian stock market closed in the red for the second day in a row on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 18200 levels. Sectorally, buying was seen in auto and FMCG stocks while selling was visible in realty, metals, IT, and power stocks. Stocks that were in focus include names like CreditAccess Grameen which rose more than 7% to hit a
A fragmented global economy will lead to capital reallocation from US to Europe and Asia: Arnab Das
Invesco’s Arnab Das suggests a fragmented global economy with shifting capital flows from the US to Europe and Asia due to trade tensions. While retaliation