Trent shares have fallen nearly 40% from record highs, with Kotak Institutional Equities warning of a further slide below Rs 5,000. The brokerage cites slowing same-store sales growth, aggressive store expansion risks, and muted revenue outlook as key reasons for its Reduce call.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.