Power demand growth is expected to be lower in the near term due to milder weather and a high base from last year. However, medium to long-term demand is projected to grow at 6-7%. Coal availability is strong, and the government is ensuring adequate power supply, but evening peak demand remains a challenge.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and