Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concerns. However, selective buying is emerging in mid and smallcap stocks, driven by positive quarterly earnings. Investors are closely watching sectors like QSR, auto ancillaries, and IT for further trends. The long-term EV ecosystem story remains strong.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest