HSBC has downgraded India’s outlook to ‘Neutral’ from ‘overweight’, setting a target of Rs 85,990 for 2025 for BSE Sensex. The firm cites lower corporate profits and high valuations as key concerns.
V Anantha Nageswaran, India’s chief economic advisor, forecasts a 6.5-7% growth rate for the current financial year, citing strong fiscal and monetary policies. He notes […]
Nine of the top-10 most valued Indian companies lost a combined Rs 4,74,906.18 crore in market valuation last week. Reliance Industries and HDFC Bank saw […]
Adar Poonawalla is acquiring a 50% stake in Karan Johar’s Dharma Production and Dharmatic Entertainment for Rs 1,000 crore, valuing the company at Rs 2000 […]
