The Indian market closed in the red for the fourth consecutive day in a row on Friday. The S&P BSE Sensex fell more than 1000 points while the Nifty50 closed below 24,900 levels
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different
Rana Gupta from Manulife Investment Management sees opportunities in the financial sector despite mid-cycle challenges. He is cautious about industrial capex driven stocks, considering them
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