Julius Baer Group anticipates Indian stocks will reach new highs in the latter half of the fiscal year, driven by a resurgence in domestic consumption. Nitin Raheja highlights a shift towards consumption-linked themes, particularly retailers in tier-two cities and apparel firms. Factors like slowing inflation and income-tax cuts are expected to boost consumer spending, leading to increased corporate profits.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on