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​​Good part, I would say, from the perspective of Indian investors who invest in mutual funds or PMSs, etc, is that the exposure of the group in many of the funds is very-very limited and to that extent there is an indirect impact, but the direct impact is low

Large private sector banks in India are trading like utility stocks, presenting a good investment opportunity. The rural economy is improving, and consumption is expected to recover. Investors can find opportunities in discretionary consumption, industrials, and IT services. Deep tech is a promising sector in India, with potential for new listings and growth.

Adani Group stocks plummeted after Kenyan President William Ruto canceled deals involving the conglomerate, citing new information from investigative agencies. This follows U.S. prosecutors indicting Gautam Adani and others for an alleged $265 million bribery scheme, accusations Adani Group denies.

The benefits of passive funds are that they are simple, transparent, and relatively low-cost. Passive funds such as ETF/Index Funds are versatile and provide exposure to broad segments and sub segments of the equity markets, commodities and fixed income thereby enabling one to easily create personalized portfolios.

Shares of telecom companies Bharti Airtel, Jio Financial, and Vodafone Idea are expected to remain in focus on Friday following the release of subscriber data by the Telecom Regulatory Authority of India (TRAI) for the period ending September 30, 2024.

The Indian market is expected to trade higher on 22 November 2024, following positive global cues. Despite a 2.09% rise in the India VIX, indicating increased caution, FII selling pressure persists. Experts suggest that Nifty could face downward pressure unless it stabilizes near key support levels. A list of top trading stock recommendations includes ABB, Federal Bank, Power Grid, and Ramco Cements, among others.

Indian billionaire Gautam Adani faces charges in the U.S. for allegedly orchestrating a massive bribery scheme to secure solar energy contracts. Prosecutors allege over $250 million in bribes were paid to Indian officials. While Adani remains in India, he could face extradition and decades in prison if found guilty.