NSE’s Nifty ended 31.2 points or 0.12% lower to close at 24,981.95. BSE’s Sensex declined 167.71 points or 0.21% to end at 81,467. Both the indices had risen as much as 0.8% to 0.9% earlier in the trading session.
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
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