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Despite recent significant market corrections, Bernstein is cautious in predicting a broad buying opportunity in the Indian market. Both Sensex and Nifty have experienced notable declines since late September, but the brokerage sees potential in selective large-cap stocks, particularly in the power and information technology sectors.
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Union Minister Nitin Gadkari informed that 26,425 km of Bharatmala projects have been awarded, with 19,826 km constructed. High-speed corridors are enhancing logistics and travel efficiency. Smart technology and regular safety audits ensure road quality and safety in the National Highways development under the PM Gati Shakti initiative.
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Baba Ramdev's Patanjali Ayurved, along with Dharampal Satyapal Group, has acquired a majority stake in Magma General Insurance from Sanoti Properties, valuing the insurer at 4,500 crore. This deal signifies Patanjali's expansion into the general insurance market and broader financial services sector.
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News and Media
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