Even as the top-tier indices, the S&P BSE Sensex and the Nifty50, scale new highs, the mid- and small-cap segments have also seen a hot streak in recent months, with both indices hitting a new 52-week high. on Wednesday. The S&P BSE SmallCap Index has outperformed with an 86 percent …
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Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
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[ad_1] After a long sleep for more than a decade, the India’s largest non-bank consumer lender and its investors are coming to terms with a new normal of low growth, and asset quality erosion. Bajaj Finance knows that not much can be done about low growth due to quarantine Indians …
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