Corporate hospitals are growing in big and smaller cities. Diagnostics is consolidating with stringent quality norms. Pharma faces US market challenges but is steady elsewhere. Cotton import duty suspension is unlikely to boost textile exports significantly. Textile margins are thin, and US consumer demand may weaken. Rising inflation and tariff issues pose challenges for the Indian textile sector.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed