Second attractiveness of the Chinese market (sub 10x 12m F PE) compared to India at (23x12m F P/E) and obviously US election positioning (EM to DM shift) has led to macro uncertainty for FII.
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has raised Rs 260 crore in a pre-IPO placement round.
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