The Sensex has tumbled 8% from its September peak due to global and domestic pressures, but major brokerages remain cautiously optimistic about India’s long-term growth prospects. HSBC, Goldman Sachs, Citi, and CLSA highlight opportunities in sectors like financials, infrastructure, and IT, while advising caution amid high valuations and FII outflows.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment