Manappuram Finance surged 17% in a month as Bain Capital’s Rs 4,385 crore investment boosts governance and growth prospects. Analysts upgrade stock, expecting expansion in gold loans, mortgages, and vehicle financing despite competition and asset quality concerns. Regulatory approvals pending.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,