Indian stock indices fell for a second day as global investor unease over US-China tensions weakened risk appetite. Gold prices hit a new all-time high, attracting funds from equities. Analysts anticipate a positive setup for Nifty and expect outperformance from Bank Nifty, with buying interest seen in banking and financial stocks.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said