The failure of two US banks has no material effect on the earnings outlook of Indian publicly traded companies, the report stressed, while observing that the SVB saga will have a positive impact on the Indian stock markets.
Hindustan Copper, Vedanta, other metal stocks slip up to 2% after sharp gains. Should you buy the dip or avoid?
Metal stocks came under pressure after a sharp rally in the previous session, as global metal prices corrected amid concerns over China’s economic data and