Market expert Nischal Maheshwari suggests a consolidation phase after a strong run. He anticipates a potential new high in the current fiscal year. Financials are expected to continue performing well. Cement shows strong volume growth and price improvement. The US market is also expected to grow. Chemical sector is poised for a strong comeback.
LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares
LIC increased its stake in SBI from 9.21% to 9.49% through participation in SBI’s record Rs 25,000 crore QIP. The offering saw overwhelming interest, receiving