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Foreign investors still backing quality Indian IPOs: Citi

Amol Gupte, CEO-Asia South at Citi, said India’s long-term growth story remains strong, supported by healthy macro fundamentals, fiscal discipline and a robust banking sector. He also pointed to rising opportunities from free trade agreements, AI investments and digital infrastructure,…

Auto slowdown may not be as bad as FY20: Elara Capital

Jay Kale, Executive Vice President-Research at Elara Capital, prefers Eicher Motors, TVS Motor Company, Maruti Suzuki and Mahindra & Mahindra among auto stocks, saying companies that gain market share during a slowdown are likely to outperform. Among auto ancillary companies,…