The Sensex was down 270.07 points or 0.33 percent at 82,285.37, and the Nifty was down 101.10 points or 0.40 percent at 25,178.70. About 1576 shares advanced, 1796 shares declined, and 74 shares unchanged.
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#1Restructuring of GPSC grp removes company’s holdco discount from its ownership in Gujarat Gas
#2 Move rating & price target in-line with Gujarat Gas as restructuring is expected to be done by Aug’25
Morgan Stanley believes that while high valuations alone aren’t typically the cause for a market correction, they can act as a catalyst when faced with shifts in fundamentals or market sentiment….Read More