The Delhi High Court has dismissed a petition challenging the Securities and Exchange Board of India’s approval for the National Stock Exchange’s initial public offering. Justice Jasmeet Singh stated the petition aimed to halt the exchange’s IPO. The court found no grounds to interfere with Sebi’s decision.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of