When an index falls more than 20% from its 52-week high, it is considered to be in a bear market. The Sensex and Nifty are down nearly 13% from their highs.
UBS’ double upgrade lifts Aarti Industries shares 3% higher, 31% upside predicted
The brokerage firm noted that their ‘seel’ rating was set against the backdrop of a peaking chemical cycle and risk to guidance/consensus expectations for the