After a decline of 15% since October 1, Nifty gained 1.15% on Wednesday. The Nifty Midcap 150 and Nifty Smallcap 250 indices gained 2.43% and 2.71% respectively on Wednesday. Both indices plunged 20% and 25%, respectively, since October 1 through Tuesday.
Private sector banks expected to outperform amid easing liquidity conditions: Vinay Paharia
The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but