Indian equity markets are experiencing a significant downturn. Many BSE 500 companies now trade below their historical valuations. This trend is particularly evident in non-lending firms. Banks and financial companies, however, show resilience. The market sentiment reflects a bearish outlook. Investors are observing these valuation shifts closely.
JP Power shares soar 20% on optimism around Adani Power’s 24% stake purchase
Jaiprakash Power Ventures shares surged on Wednesday, extending gains for a fifth straight session and rising more than 25% during this period. Trading activity remained