In any industry, environmental, social, and governance issues pose serious risks to operations and profits. Investing in profitable companies with unsafe workplace practices or a history of oil spills (disregard to the planet) may seem lucrative now, but it won’t pay off in the end.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.