Eternal’s stock faces pressure due to leadership changes, overshadowing optimism in quick commerce. Market expert Sandip Sabharwal likens the situation to past leadership transitions that impacted valuations. He believes the stock remains fundamentally expensive, with the CEO’s potential distraction being the primary driver of the correction.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank