While Titan’s execution has been on point, it has benefited from a sharp gold price rise over FY19-22. The lion’s share of this price tailwind seems to be over and most of the incremental heavy-lifting has to be volumeled, which could restrain growth rates in a slowing economy,” said HDFC Securities’ analysts Jay Gandhi and Premraj Survase.
Sensex falls 50 points, Nifty above 24,050; Eternal, Sun Pharma, TechM rise 1%
Indian stock markets traded mixed on Monday, with Sensex dipping slightly and Nifty inching higher amidst rising oil prices due to Iran-US tensions. While some