Indian equities saw renewed interest in interest-rate sensitive and consumption-linked pockets, with real estate and FMCG stocks drawing attention. Market participants are increasingly hopeful that the December quarter could mark a turnaround for the real estate sector. Select banking names also remained in focus, with CSB Bank highlighted for its strong provisional numbers and growth potential.
Concerns settled, share buybacks could flow via exchanges again
Sebi is proposing to bring back share buybacks via stock exchanges. This reverses a decision made a year ago. New tax rules have resolved earlier