Nestle India’s shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices ranging from Rs 2,350 to Rs 2,870.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s