Rajesh Palviya of Axis Securities provides a market overview. Nifty faces resistance at 25,300, with potential downside to 25,000. Bank Nifty’s key support is 56,600. Dabur and Piramal Enterprises are promising buys. HUL shows upside potential if it sustains above 2,480. Glenmark Pharma’s rally may continue, with a target of 2,400. FMCG sector looks strong overall.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others