Indian equity markets show resilience post-election results. Market expert Sandip Sabharwal notes that governance and policy continuity are key. Banking stocks are consolidating, but asset quality remains strong. The ongoing earnings season reveals select winners, with auto and power equipment manufacturers showing promise. Small and midcaps continue to outperform due to domestic flows, presenting ongoing opportunities.
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign