Manipal Health Enterprises shares fell sharply on Thursday day after their strong market debut, triggering profit booking. Analysts remain constructive on the company’s long-term prospects but advise fresh investors to wait for better entry levels, citing premium valuations, while allotted investors can continue holding with a stop-loss at Rs 620.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond