Ola Electric Mobility’s shares increased 4.4% after the company received PLI certification for two more of its electric scooters. This approval came after the expiry of the FAME II subsidy, replaced by the Electric Mobility Promotion Scheme.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings