New GST rate cuts will boost organized apparel retailers. Festive and wedding seasons are driving consumer spending. Easing food prices and softer inflation also improve sentiment. This should add 200 basis points to revenue growth. Larger brands will capture demand faster. Smaller retailers will also benefit, drawing consumers from the unorganized sector. Growth is expected across all segments and locations.
Indian stock markets deliver negative returns for two years, worst since 2012, ET analysis reveals
Indian stock markets have disappointed investors with negative returns over two years. The Sensex has shown its worst two-year performance since 2012. Indices have not