A recent report from Morgan Stanley reveals a notable trend in wealth accumulation in India over the past decade. Indian households have collectively accumulated $9.7 trillion in wealth. Property remains the primary source of this wealth, though gold and equities have also made substantial contributions. Gold represented 22% of the wealth added over the last 10 years, while equities accounted for 20%.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie.