Thu, May 2, 2024 11:55 AM
ING reaffirms its forecast for the first Fed rate cut in September
A Flip by Shubhangi Gupta
GE Power has secured a new project from Torrent Power for the “Repair and services of the steam turbine”. The contract is valued at Rs 19,59,29,752 plus GST 18% and is set for a period of 89 days. GE Power India Limited is engaged in the business of EPC of key equipment for thermal and hydropower plants. It is one of the leading players in the Indian power generation equipment market.
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Investors fear low voter turnout affecting Sensex, Nifty, India VIX, and Dalal Street. Analysts say that the market could be overreacting because: ✅Comparing apples with oranges ✅2019 was an aberration ✅Look at BJP vs non-BJP stronghold states ✅Why ignore the full history? ✅The absolute numbers are impressive ✅Is there really a link between voter turnout and anti-incumbency?
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Motilal Oswal maintains positive outlook on Indian market despite recent decline, recommending 10 mid-cap stocks for investors before election results. Stocks like 📌Indian Hotels, 📌Godrej Properties, 📌Sobha, 📌JK Cement, 📌KEI Industries, 📌Cello World, 📌PNB Housing Finance, 📌Lemon Tree, 📌Global Health, 📌Kirloskar Oil Engines are expected to outperform in the long term.
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