Indian stock markets are poised for continued optimism, with analysts anticipating new record highs for Nifty and Sensex by year-end, contingent on supportive global cues and domestic earnings. October saw a significant rally driven by strong corporate results, FII inflows, and easing global yields, though some consolidation is expected due to higher valuations.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000