Shakti Pumps India, known for solar pumps and EV motors, is currently experiencing a market correction. Despite a recent dip, institutional investors are showing strong support. A ₹292 crore QIP was raised to fund a new solar cell plant. Experts highlight Shakti’s dominance in the PM Kusum Yojana and diversification into EV motors.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate