Market expert Sandip Sabharwal advises caution, seeing stock-specific chances but limited broad market conviction. He notes Wockhardt’s approval offers innovation value but is largely priced in. IT stocks are trading plays with potential rebounds, while autos show resilience. Metals face limited upside, and macro risks loom over largecaps like ICICI Bank and L&T.
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