Indian stock markets opened lower on Tuesday, continuing their downward trajectory. The surge in crude oil prices coupled with anxieties over Federal Reserve rate hikes are major contributors to this decline. Moreover, the active IPO market is siphoning off significant capital from traditional stocks. Analysts expect this trend to extend in the near future and recommend that investors shift their focus toward large-cap stocks for improved risk-reward outcomes.
Shiprocket shares gain 3% as Q1 net loss narrows to Rs 14 crore in first earnings post IPO; revenue up 34% YoY
Shiprocket reported a narrower consolidated net loss of Rs 13.7 crore in Q1FY27, compared with Rs 18 crore a year earlier, while revenue from operations