According to him, continued tight monetary policy, worsening geopolitical tensions, slow or negative growth globally and sub 5 per cent GDP growth in India may hinder the rally. He has picked metals, oil and gas and IT pack as laggards.
Indian markets surged on Wednesday, reversing Tuesday’s losses, buoyed by falling crude oil prices and a positive sentiment from the monsoon’s arrival. Key sectors like
Textile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial Services. The brokerage highlighted capacity expansion
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