Discretionary, materials and industrials sectors were hit the hardest, facing weaker cash flows alongside rising capex. The slowdown in OCF is largely attributed to delayed government payments, according to analysts.
The National Stock Exchange (NSE) announced strong financial results. The consolidated profit after tax reached ₹2,924 crore in the June quarter. This represents a 10%
National Securities Depository plans to raise funds through an offer for sale. The depository’s IPO valuation is lower than Central Depository Services. India’s demat account
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