Cable and wire company shares have seen a decline. This is due to a sudden increase in copper and aluminium prices. Investors are reacting to rising input costs. Demand remains steady. Sterlite Technologies is an outlier as it manufactures optical fibre cables. Other companies face higher production costs. Dispatches are slowing as dealers wait for prices to cool.
RBI to focus on managing INR volatility over liquidity: Tanvee Gupta Jain
The Reserve Bank of India faces a challenging policy review. Global uncertainties and volatile oil prices are key concerns. Experts highlight rising external risks and