The Sensex declined 443 points, or 0.57%, to close at 77,708.52, while the Nifty 50 shed 96 points, or 0.39%, to settle at 24,238.50. The Nifty Midcap 100 index climbed 0.60%, while the Smallcap 100 index rose by 0.16%. Stock market today: Stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday,…
FPOs are considered less risky when compared to IPOs. IPOs are the first issue and investors are not well-acquainted with the financial prospects of the organisation. Initial public offerings (IPOs) often attract investor interest, offering a rare chance to get in early on emerging businesses. For companies, an IPO is a vital way to raise…
Goldman Sachs downgrades India to marketweight, cuts Nifty target and GDP forecast amid oil shock. Flags earnings downgrades and weak FPI flows. Goldman Sachs has downgraded Indian equities to ‘marketweight’ from ‘overweight’ and sharply cut its Nifty 50 target, citing deteriorating macro conditions and a looming earnings downgrade cycle. The brokerage has reduced…