The recent correction in India’s benchmark Nifty 50 index is largely over, according to global investment firm Morgan Stanley. In its latest market outlook, the brokerage firm suggested that the worst of the pullback is behind, and the index is now positioned for stability, with potential upside in the coming months. Market Pullback Nearing Completion…
Japanese Component Giant Adapts to Evolving Manufacturing Landscape In response to the shifting dynamics of global supply chains, Murata Manufacturing Co., a leading supplier of multilayer ceramic capacitors (MLCCs), is exploring the expansion of its production footprint in India. The move aligns with a broader trend of diversification away from China, as global tech giants…
The Indian equity markets remained in a consolidation phase, with the Nifty 50 failing to breach the psychological resistance of 23,000, while the Bank Nifty continued to find strong support at 49,000. Meanwhile, volatility eased slightly as India VIX declined by 0.37 percent to 15.67, though it remained elevated above key moving averages, signaling caution…