IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India faces investor hesitation due to the long-term shift from coal to renewables, questioning the sustainability of its earnings and dividend yield amidst rising costs and uncertain future.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may