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.
‘On the edge…’: What social media conversations reveal about the current market mood
Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.