TeamLease Services shares surged 11% to Rs 1,840.65 on the BSE following the November 21 implementation of India’s new labour codes. The reforms, including the Code on Social Security, 2020, are expected to accelerate the shift from unorganised to organised employment, boosting demand for staffing firms. Compliance-driven companies like TeamLease stand to gain from higher revenue opportunities in workforce management.
Private banks, energy and telecom look attractive amid market swings: Rahul Shah
Amidst global uncertainty, market volatility presents opportunities for long-term investors, according to Rahul Shah. He highlights mispricing as a chance to build portfolios, favoring resilient