India’s retail investors are staging a dramatic exodus from the stock market’s secondary segment, offloading Rs 4,729 crore worth of shares in FY26 so far, marking their worst selling streak since FY19, even as they pump a staggering Rs 30,000 crore into the booming IPO market during the same period. The stark divergence reveals a…
Public Sector Undertakings (PSU) have seen their market capitalisation jump by 4% over the last 24 months and now comprise 15% of India’s total market capitalisation according to a Yes Securities note. Additionally, the number of PSU companies in the top 200 companies by market cap has risen to 39, with 12 new entries in…
Domestic volume growth aided by improvement in rural market and international business to lead FMCG company Dabur India‘s revenue growth in the first quarter. Revenue for the April-June 2024 period is likely to rise 6% year-on-year, according to an average estimate of four brokerages. Net profit is also seen rising 6% year-on-year. Domestic volumes during…