Offices and schools have opened, which creates an incremental demand for shoes and that benefits the shoe manufacturers, the brokerage said. After growing in metro cities, management has now shifted its focus to tier 2 & 3 cities where management sensed larger growth opportunities.
FPI inflows into Indian G-Secs dry up as US rate hike looms
Foreign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantly slowed down over the