Some global funds have begun trimming rival India’s holdings citing excessive valuations and better risk-reward elsewhere, a shift that can bode well for China to regain its lost heft in global portfolios.
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its
Silver’s sharp rally has reversed amid expectations of higher US interest rates, rising bond yields and a stronger dollar. HSBC expects limited upside as weaker
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