We don’t think that market is much worried about a recession. It had seen a good run-up of more than 2000 points from 16747 to 18887 levels in the last 11 weeks, so a recent decline of 600 points from higher zones is just part of profit booking which is just one-third of the entire upswing.
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1% YoY jump in