In July, overseas investors turned their attention to Indian IT stocks, marking the first instance of such purchases this year. The consumer durables and healthcare sectors also witnessed a surge in foreign portfolio investments. By mid-July, foreign investors emerged as net buyers in equities, expanding their investments in consumer services, automobiles, and chemicals, although they offloaded shares in metals, mining, power, and financial services.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef