India’s global market capitalization share has fallen below 3% due to a sustained bearish trend and significant foreign portfolio investor (FPI) outflows. Despite this, India retains its fifth position globally with a market cap of $4.9 trillion, though Taiwan and South Korea are rapidly gaining ground.
A short squeeze or sentiment rally? Here’s why SAIL shares surged 14% today
Shares of Steel Authority of India (SAIL) jumped 14% on Wednesday, driven largely by a short squeeze as traders with heavy bearish derivative positions were