The economic uncertainty created by successive Covid-19 waves is not over yet, sources said, adding that the oil ministry also feels that unseen control on retail prices may hit divestment prospects.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.