I think it has been a sector which I have tracked for many-many years, the NBFCs. You were mentioning in your PSU bank presentation just a few minutes ago that they were the darlings of 2022. In fact, PSU private banks both. I think 2023 is turning out to be a year of NBFCs because the banks will see some bit of margins cooling off but that is good news for NBFCs.
Broker Phillip Capital warns that the specialty chemical Industry is all set to face one of the worst quarters as demand from the US and EU has slowed down, and oversupply from China is driving the prices lower
A pause on interest rates by the RBI may be very much around the corner, but corporates and households will most likely have to deal with the pain of high interest rates for a while.