“Since HDFC Bank is a darling of the market, the expectations were higher and the lower delivery led to harsh reactions,” said Siddhartha Khemka, head of research at Motilal Oswal Securities.
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not
Over the past week, the benchmark index fell by about 2.4%, while the BSE Smallcap index plunged 4.6%. Amid significant smallcap losses, ETMarkets identified the
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