SEBI confirmed restrictions on JM Financial, barring it from leading debt issuances until 2025. The firm also pledged to discontinue its subsidiary’s IPO financing business.
Investors may focus on sectors like FMCG and utilities that rely on domestic demand and are less affected by currency fluctuations. Export-driven sectors such as
Brokerages suggest that liquor stocks, particularly United Spirits and Radico Khaitan, may see an upside potential of up to 19% due to strong Q3 earnings
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