Shares of Prestige Estates dropped 5% after Morgan Stanley downgraded the stock to ‘Underweight’ citing slower pre-sales growth and reduced FY25 estimates, with a revised target price of Rs 1,510.
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
Benchmark indices Sensex and Nifty 50 fell by 2.6% each due to a global sell-off triggered by U.S. tariff actions. IT stocks suffered the most,
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