Morgan Stanley Investment Management, AQR Capital Management, Bank of America and Franklin Templeton are among those betting the tables may finally be turning in favour of developing-market equities.
KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution
Persistent Systems’ acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, market expert Piyush Pandey believes this is
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