Indian equity indices experienced a nearly 1% drop on Friday, marking their sixth consecutive week of losses due to concerns over the economic impact of US tariffs. Analysts anticipate continued selling pressure, with technical indicators suggesting further weakness. While foreign investors sold shares, domestic institutions were net buyers, and market volatility is expected to persist amid trade negotiation uncertainties.
HEG demerger: What 1:1 restructuring mean for shareholders as company fixes record date?
On September 7, HEG will finalise its demerger, providing shareholders one share in the new entity for each existing share they hold. The graphite electrodes