Indian benchmark equity indices ended lower on Monday, August 17, as persistent concerns over elevated crude oil prices and geopolitical tensions continued to weigh on investor sentiment. The decline extended the Nifty 50’s losing run to five consecutive sessions, while the Sensex also closed in negative territory after a volatile trading session. The BSE Sensex...
Shares of Vedanta Ltd have witnessed a notable upward trajectory, climbing approximately 9% over a span of four trading sessions, fueled by growing investor optimism surrounding the company’s ongoing demerger strategy. The rally reflects renewed market confidence as the restructuring plan is increasingly viewed as a potential value-unlocking exercise for shareholders. The proposed demerger, which...