The Supreme Court’s decision to overturn JSW Steel’s acquisition of Bhushan Power & Steel has shaken India’s insolvency resolution framework. This ruling raises concerns about the finality of IBC deals, potentially deterring global financial investors from the distressed asset market due to increased legal uncertainty.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,