Amnish Aggarwal of Prabhudas Lilladher suggests a stock-specific approach in the auto sector, highlighting Eicher Motors and M&M as strong domestic performers. He notes that oil marketing companies have performed well due to benign crude prices. While positive on defence stocks long-term, Aggarwal anticipates sideways movement in the near term after a rally post Operation Sindoor.
Exporters seek removal of cap on interest subvention
Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade