Prabhudas Lilladher Capital maintains a positive long-term outlook on Indian equities, projecting a Nifty bull case target of 27,590, while revising its 12-month base case target to 25,521 due to global and domestic macroeconomic headwinds. They highlight geopolitical tensions, weakening domestic demand, and earnings downgrades as key concerns, impacting various sectors differently.
Sebi comes out with timelines for brokers to collect margins
Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T+1