Rekha Jhunjhunwala increased her promoter stake in Star Health to 15.57% in the December quarter amid persistent stock underperformance. The move comes as the insurer reported weaker profitability and continued to trade below key moving averages.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of