Can mid-caps and auto stocks keep driving the market rally ahead?
Mid-cap stocks, especially lesser-known companies, have performed better than larger names in the recent market recovery, says expert.
The Enforcement Directorate (ED) is conducting raids at 13 locations in Delhi, including the residence of Aam Aadmi Party leader Saurabh Bhardwaj, in connection with an alleged hospital construction scam. The anti-corruption branch of the Delhi government had previously registered a case against Bhardwaj and former health minister Satyendra Jain over alleged corruption in health infrastructure projects. The investigation pertains to 24 hospital projects sanctioned in 2018-2019, which officials state are affected by delays, cost escalations, and suspected embezzlement of public funds. The probe is examining the allocation and use of funds intended for the construction and renewal of these hospitals. According to the reporter, the initial investigation suggests that allocated funds to the tune of over 500 crores were not utilized as intended.
Mid-cap stocks, especially lesser-known companies, have performed better than larger names in the recent market recovery, says expert.
A day after BJP leader Suvendu Adhikari's aide Chandranath Rath was shot dead near Kolkata, India Today has accessed exclusive CCTV footage that shows two unmasked men on a motorcycle chasing his vehicle.
Samajwadi Party Akhilesh Yadav met Mamata Banerjee and Abhishek Banerjee at her Kalighat residence, days after TMC was routed in West Bengal assembly elections.
The political landscape in Tamil Nadu remains uncertain as the TVK awaits crucial support to form the new government. The Left parties, including the CPI and CPIM, along with the VCK, are set to announce their final decision by tomorrow night.