The Indian market closed in the red for the second consecutive day on Friday. The BSE Sensex fell nearly 200 points, while the Nifty50 closed below the 23,600 levels.
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from
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