FPIs sold power sector stocks to the tune of Rs 2,869 crore and Rs 2,952 crore in October and November, respectively after a massive Rs 9,731 crore selloff in September. Although, they re-entered the sector in December to buy shares worth Rs 1,051 crore.
Zepto plans to file for an IPO around March-April 2024 after securing approval to move its holding entity to India from Singapore. The National Company
In 2025, Nifty’s returns are expected to be muted due to high valuations and global uncertainties, including Trump’s policies and rising dollar. CLSA favours commodities
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