While analysts are not ruling out a brief rebound as stocks may be oversold after the seven-day losing run – the longest selling spree since mid-June, sentiment remains negative with the Nifty closing below key long-term trend indicators.
Titan’s CV Venkataraman optimistic that Budget will boost consumer spending in urban markets
The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that