Over the past 12 months, raw material costs of the tyre companies increased by 50-60% to Rs 175-182 per kg due to higher prices of natural rubber and crude oil linked inputs such as manmade rubber and carbon black.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate