Last week, the Nifty fell below key averages, prompting a cautious short-term outlook due to global weakness and disappointing earnings. Analysts suggest 25,000 is a crucial support level, with a rebound needing to reclaim 25,400. FMCG, power, insurance, and railway stocks are exhibiting relative strength, offering potential opportunities amidst the market uncertainty.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next