The meeting comes ahead of the government likely to announce the new Foreign Trade Policy later this month and the country’s merchandise exports shrinking 1.15% in August- the first drop since November 2020. The board includes participants from states, union territories, and senior officials from public and private sectors and provides a platform to discuss ways on boosting manufacturing and exports.
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.