Indian Stock Market Update

Raymond Lifestyle shares slide 4% as Income Tax Department conducts survey at offices and units

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Raymond Lifestyle shares slide 4% as Income Tax Department conducts survey at offices and units

Shares of Raymond Lifestyle came under pressure on Friday, September 26, sliding 4.2% to a low of Rs 1,200.55 on the BSE after the company disclosed that officials from the Income Tax Department had conducted a survey action at some of its offices and manufacturing units in India. In a regulatory filing, the company stated, … Read more

Indian stock market undergoing change in structure: Rushabh Sheth, Karma Capital

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Indian stock market undergoing change in structure: Rushabh Sheth, Karma Capital

Indian markets, like many other markets in the world, are undergoing a change in structure, says Rushabh Sheth, Co-Founder and Co-CIO at Karma Capital Advisors. “We expect that the leadership of the market might shift going forward. Everything goes through a cycle and we believe that there is a possibility that this cyclical shift will … Read more