Overvaluation, especially in mid and small caps, and weak corporate earnings have weighed on sentiment. A slowdown in rural and urban consumption, along with tightening credit, has added to the pressure.
Ashok Leyland 1:1 bonus issue record date tomorrow. Do you own?
Investors eyeing Ashok Leyland’s 1:1 bonus issue should note July 15 as the last day to buy shares for eligibility. The company has set July