Foreign investors have withdrawn substantial funds from top Indian stocks. However, a shift is occurring with expectations that the worst is over. Domestic mutual funds are increasing their holdings, providing market stability. Analysts are optimistic about India’s future growth prospects, projecting potential gains for the Nifty index.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO