Shares of Andhra Pradesh-based firms continued surging despite muted headline indices. The rally, sparked by Chandrababu Naidu’s election win, saw companies like KCP surge up to 40% in four sessions. Andhra Cements led gains with 10%, followed by Nelcast at 5.6%. KCP gained 0.6%, Andhra Sugars rose 6.6%, and others like Crane Infrastructure and Laurus Labs also traded in green.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to