Equity markets are experiencing renewed volatility as brief optimism fades, pushing benchmark indices back into consolidation. Investors remain cautious, with the Nifty’s primary trend seen as bearish, trading below key moving averages. However, selective sectors like defence and power, particularly PSUs, show resilience and offer stock-specific opportunities.
Dmart recasts strategy as rapid delivery competition intensifies
DMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rapid delivery space. Despite rising pressure