Following India’s sovereign rating upgrade by S&P, domestic firms like Credila and Muthoot Finance are actively pursuing offshore fundraising, aiming for over $2 billion. This move is expected to lower borrowing costs, though tax cuts and US tariffs introduce some risks. Market anticipates potential Fed rate cut may further influence fundraising strategies.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in