Analysts said whenever the market rebounds from the current weakness, large-cap stocks are more likely to outperform their smaller peers. This is because the valuations of mid-cap and small-cap stocks are considered stretched.
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 crore
IIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake.