Rupen Rajguru, MD & Senior Advisor at Julius Baer India, shares insights on the market frothiness, positive investor sentiment, and changing dynamics of different market segments, including PSUs and small/midcap stocks. Rajguru says: “At an aggregate level probably some of the PSUs banks still have some legs to move around from here, but otherwise I would be cautious on that segment.”
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.