Nuvama has maintained a ‘Buy’ rating on Jindal Stainless, but has lowered its target price, citing challenges from weak export demand and high imports impacting profitability.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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