Aniruddha Naha of PGIM India AMC remains positive on Indian markets, particularly financials, citing strong macro fundamentals and reasonable valuations. He anticipates FII inflows to initially benefit largecaps, eventually spreading to mid and smallcaps. Naha favors financials (especially NBFCs), capital goods, and discretionary consumption, driven by rate cuts, liquidity, and improved consumption trends.
BSE introduces AI tool to speed up SME IPO document checks
To enhance the SME listing process, BSE has rolled out an AI-powered tool that pre-screens draft IPO documents. The system helps merchant bankers identify compliance