With few growth levers and new spending compulsions, a constrained government went for the lone bright spot: the stock market.
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Uday Kotak says heirs are choosing to manage family money rather than run real businesses. This lament doesn’t stand scrutiny.
Strong SUV sales and upcoming EVs may be scoring all the headlines for the automaker, but investors need to watch its tractor business, which seems to be on the cusp of a breakout.
Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.