Hari Shyamsunder from Franklin Templeton suggests a cautious outlook on IT due to slowing growth and AI uncertainties, while favoring mid and small-caps for long-term Indian economic growth. Despite stretched valuations in manufacturing, defense, and power sectors, stock picking remains crucial. He anticipates a 10-13% compounding return for the broader market over the next three to five years.
Suzlon Energy shares fall 4% as Nuvama, others slash target prices after Q2 margins disappoint. What lies ahead?
Suzlon Energy shares fell after the company reported a 69% year-on-year decline in Q2 FY27 net profit to Rs 394 crore, despite a 26% rise