Indian markets are supported by strong domestic liquidity, but valuations are questioned against fundamentals and growth expectations. Sameer Dalal of Natverlal & Sons Stockbrokers remains cautious on earnings visibility for FY27, while favoring long-term prospects in banking and real estate, advising caution on metals.
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