Abneesh Roy from Nuvama shares insights on the expected impact of the Union Budget on consumption. He is positive on Trent’s prospects in the retail sector. Roy discusses challenges in the QSR sector and highlights valuation comfort for companies like Swiggy. The outlook for FMCG and quick commerce is seen as promising, with a focus on e-commerce and discretionary spending.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across
May 24, 2025