BUSINESS GUJARAT

Synopsis Corporate Bond Market in India Remains Underpenetrated Compared to Other Countries  Figure India’s debt ecosystem reflects a structurally shallow and bank-dominated financial system. Bank credit to GDP stands at around 61%, significantly below peer Asian economies such as China (179%), Japan (93%), and Korea (98%), indicating relatively low credit intermediation. Within this broader context,…

Recovery expected to be driven by banking stocks, telecom and bottoming out of largecap IT stocks; small- and midcaps favourable due to value correction & earnings growth recovery Mumbai, 16th June: The Nifty 50 to reach 27,000–28,000 during CY2026, implying meaningful upside from current levels (~23,600). The company estimates Nifty50’s EPS (earnings per share) at…