Shares of Indian textile and garment companies surged amidst political unrest in Bangladesh, raising hopes of potential benefits for India. Analysts remain cautious about short-term gains, highlighting uncertainties about India’s production capacity and brands’ reaction. Textile stocks have shown strong returns this year, but current market gains could be short-lived.
Nifty could see short covering on direct rise above 24,433: Anand James
Nifty experienced a sixth consecutive negative weekly fall, but a potential pullback is anticipated early in the week due to recovery signals after lower Bollinger
August 11, 2025