The Nifty ended sharply lower amid escalating US-Iran tensions, rupee weakness and heavy selling in financial stocks, slipping below the 50-day EMA and signalling renewed weakness. Analysts expect further downside if the index remains below 24,200, while Coforge and NBCC (India) are seen as attractive short-term trading opportunities.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest