CMAI FAB Show 2024 beckins bright future for India's Textile & Apparel Industry retail4growth.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retail4growth.com Daily Mail and Mail on Sunday newspapers.
After the Bhartiya Janata Party s decisive victories in Chattisgarh, Rajasthan, and Madhya Pradesh last Sunday, the market witnessed a robust rally, which briefly paused mid-week. However, as the week concluded, buying momentum resumed, propelling benchmark indices to fresh highs. This resurgence was attributed to positive global cues and the Reserve Bank of India s (RBI) optimistic revision of the FY23-24 GDP forecast to 7%, up from the earlier 6.5%, in its monetary policy announcement.
We mentioned yesterday that the markets may pause for breath. On Thursday, 2196 stocks advanced, 1568 declined and 121 remained unchanged, with an advance decline ratio of 1.40 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
Stock Market Live Updates: Sensex and Nifty hold steady on Fed hints and Asian momentum; BPCL gains nearly 3% thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Confederation Of Indian Textile Industry: Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector.