Anil Ambani’s Reliance Power shares fell 5% for the third consecutive day after SEBI barred Ambani from the securities market due to fund siphoning allegations. Shares of Reliance Home Finance and Reliance Communications also dropped. Despite Ambani’s resignation, Reliance Power claimed the SEBI order does not impact its operations.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,