Why did Hitachi Energy, BHEL, Cummins India and other capital goods stocks crash up to 6.5% today? Explained
GE Vernova T&D India and Cummins India faced heavy losses, dropping up to 6.5% after reports of India lifting restrictions on Chinese companies bidding for government contracts worth $700–750 billion. The BSE Capital Goods index also fell by 2.4%.
GE Vernova T&D India and Cummins India faced heavy losses, dropping up to 6.5% after reports of India lifting restrictions on Chinese companies bidding for government contracts worth $700–750 billion. The BSE Capital Goods index also fell by 2.4%.
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