Discretionary, materials and industrials sectors were hit the hardest, facing weaker cash flows alongside rising capex. The slowdown in OCF is largely attributed to delayed government payments, according to analysts.
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The
The Indian quick-service restaurant (QSR) sector is entering a favourable phase after a challenging period, according to Motilal Oswal Financial Services. The brokerage believes easing
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