I think there is a dichotomy and when we look at the urban consumption, the urban consumption is largely driven by the large pack but when you say the down trading, there is a downsizing which is actually happening
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII