“We believe the long-term capex story remains intact as we are seeing a massive shift in the capex cycle benefiting from the China plus strategy. For us the domestic capex story remains intact and consumers and corporate sentiments are resilient with a steady macro regime post-COVID, but we do not rule out the volatility as the hardening of USD and crude oil prices could pose a challenge in the interim.”
Concurrent Gainers: 11 smallcap stocks that gained for 5 days in a row
Over the five trading sessions leading up to April 4, the Sensex dropped by around 2.89%, or 2,242 points, ending at 75,365. The market closed
April 5, 2025