The Nifty Pharma index gained around 2% on Tuesday, defying the broader market trend, as the Nifty slipped nearly 0.5% amid profit-booking following Monday’s sharp rally — the strongest single-day gain in the past four years for the benchmark indices.
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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