Shares of some of India’s best companies – HDFC Bank, Infosys, Asian Paints, Bajaj Finance, HDFC Life and Hindalco – among a dozen stocks on the 50-stock Nifty have declined in the last two years as the NSE’s benchmark index returned over 28% during this period.
Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge
Ashok Leyland and Tata Motors shares rallied, tracking a sharp fall in crude oil prices and a broader market recovery amid hopes of a negotiated