Companies found it difficult to fully pass on the impact of an effectively higher cost base to consumers amid intense competition to tap pent-up demand. While the December quarter may show a similar year-on-year trend, analysts expect the sequential trend to improve amid softening commodity prices.
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