The trend in order inflow and project execution for leading capital goods companies remains encouraging. India’s largest infrastructure company L&T met two-third of its order inflow guidance for FY24 in the first six months. Its order prospects for the second half of the year grew by 39%.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3