Brokerages Bernstein and Jefferies view the recent drop in Mahindra & Mahindra shares due to concerns over Teslas potential market entry as a buying opportunity. Analysts emphasize M&M's strong product linkages with autos and agriculture, considering the stock a solid long-term investment.
Extending losses to the fifth straight session, the Sensex closed below 75,000 for the first time since June 2024. It declined 856 points, or 1.14%, to end at 74,454. NSE's Nifty fell 242 points, or 1.06%, to close at 22,553. Both indices have now fallen over 5% this year.
The tide is expected to turn for some of the companies including Swiggy and Mobkwik over the next few quarters. ETIG offers a snapshot of key takeaways from the recently concluded results season for each of these startups.
Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and lovers of crafts projects for more than 80 years, is going out of business and shuttering all its stores.
President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.
