Sandip Sabharwal suggests market reactions indicate a limited impact from the West Asia conflict, viewing corrections as buying opportunities, particularly in domestic sectors like financials and industrials. While a crude oil spike to $85-90 could pose challenges, current levels are manageable.
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