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Editorial illustration of Indian urban water distribution infrastructure with pipes and water tanks, conveying market pressure and uncertainty for water sector stocks Top3 min read
TopOngoing2 days ago

Water Distribution Stocks In Trouble: Concord Enviro, EMS, VA Tech Under Pressure

Water distribution stocks fell up to 5.6% amid small-cap profit booking and JJM 2.0 payment concerns. Here is the reason behind the sell-off and the outlook.

Why it matters

Retail investors with exposure to small-cap water stocks face near-term paper losses, though the long-term sector thesis remains intact given the Rs 8.69 lakh crore JJM outlay.

Never say never: Jefferies keeps wealth, asset management entry open
TopOngoing3 days ago

Never Say Never: Jefferies Keeps Wealth, Asset Management Door Open for India

Jefferies country head Aashish Agarwal says the firm has not ruled out entering India's wealth management space, amid $5B FPI inflows and narrowing US-India yield gap