Longer term, if the issues are not resolved, then for companies who are majority exports to the US there could be some issues. So, some adjustment of valuations are happening because of a potential threat, although small, at some stage.
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000
The Indian stock markets experienced a shift, dropping from earlier gains with both Sensex and Nifty closing lower. Key decliners included Infosys, Bharti Airtel, and
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