India’s markets are consolidating into duopolies, with two dominant players controlling nearly 90% of sectors like aviation, food delivery, and digital payments. This concentration, exemplified by IndiGo and Air India, shifts incentives from customer service to market management, potentially harming consumers and innovation. The government is now intervening to foster new competition.
2 top stock recommendations by Vinay Rajani
Indian stock markets are cautious. The Nifty is losing support levels, indicating a bearish trend. Midcap and smallcap stocks are also seeing profit booking. IT
June 2, 2026