Mumbai: In the past eight trading days, the Sensex has run up 5,160 points and the Nifty jumped 1,500 points, erasing most of the losses in 2022, but the optimism in the stock benchmarks is yet to rub off on the broader market. About 63% of the constituents on the NSE 200 index have underperformed…Continue Reading
The Indian units of European and South Korean automakers may unwittingly become beneficiaries of the ongoing Russia-Ukraine war. Amid a semiconductor shortage worldwide, the decision of European automakers to stop production in Russia, a 1.5-million-unit automobile market, would mean chips meant for Russia possibly getting diverted to other growing global markets, such as India, said…Continue Reading
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