We expect the consolidation phase for Indian equities to continue for the next couple of quarters. While the earnings outlook for India remains resilient, global monetary conditions are tight, and growth is expected to slow down.
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an
RailTel Corporation of India shares gained nearly 4% after the company secured a Rs 164.79 crore work order from Western Coalfields Limited, taking its August
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