The biggest immunity shot for FPIs in the week gone by was a dovish US Federal Reserve as the central bank guided for interest rate cuts in 2024 after tightening them for more than a year.
Sonthalia comes with over three decades of experience in the financial services industry and joins the Emkay group from Motilal Oswal Asset Management Company
Railway stocks surge as Ircon climbs 15%. Railtel and RVNL also hit record highs. Find out the reasons behind this rally, and all latest stock market updates at news18.com.
"Unlock the Potential of India's Manufacturing Sector with Emkay Investment Managers" thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Even as the markets await the details of the proposed buyback of digital payments and financial services giant Paytm, investors and analysts have cheered the move. The stock is up 22% in the past 3 weeks and 6% since Thursday, when it informed the exchanges about the proposed buyback.