Shares of appliance makers Stove Kraft, TTK Prestige and others soared up to 5% as West Asia tensions disrupt cooking gas supplies. India, a major LPG importer, faces shortages. Restaurants are switching to simpler menus. Demand for induction cooktops has surged significantly. This situation impacts gas prices and availability across the country. Railway food centers are also adopting alternative cooking methods.
Nifty’s early comeback signal: Why largecaps are holding up as broader market slides
India’s equity market divergence suggests largecaps may be regaining leadership as mid- and smallcaps remain under pressure. The Nifty has recovered to broadly flat returns
October 29, 2026