Nykaa Fashion is only gaining market share slowly, it said, adding that Nykaa BPC will continue dominating the competitive landscape and display operating leverage. The brokerage has factored in a slightly lower than expected growth/margins in Fashion while it feels that Superstore business will also require investments over the near to medium term.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and