Tata Chemicals witnessed a 4.5% decline in shares, hitting a day’s low of Rs 1,050 on BSE. This drop followed the company’s announcement of its first quarterly loss in nine years. Kotak Institutional Equities issued a ‘sell’ rating on the stock, setting a target price of Rs 770, indicating a potential downside of nearly 29%.
Global sentiment shift reflects depth of tariff war fatigue: Seth R Freeman
Seth R Freeman from GlassRatner Advisory suggests that long-dated bond yields might slightly decline, offering temporary relief amidst ongoing uncertainty. The US court’s tariff setback,