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Indian shares recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top consumer China's property-support measures.
Over the next few months, if the small and mid-cap stocks continue to go through the correction phase or move sideways, redemptions are unlikely to increase substantially, especially in the mid and small-cap funds, says Sujit Modi. ....
Insights from management commentaries provide indicators of the Indian economy s health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector witnesses deceleration in volume growth. FMCG sector faces slow sales growth. ....
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