India's Hot Summer Creates Winners in Its Pricey Stock Market
Predictions of scorching heat across India are giving fresh fodder to traders as they hunt for stocks that can outperform in an overvalued market.
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Predictions of scorching heat across India are giving fresh fodder to traders as they hunt for stocks that can outperform in an overvalued market.
The coming months will also see hundreds of millions of voters attend campaign rallies and head to the polls in a parliamentary election that lasts for weeks starting mid-April. Such increased activity will likely amplify the impact of extreme weather and boost demand for products to tackle heat.
India Business News: Following a weather warning, shares of eight companies specializing in air conditioners, coolers, and fans surged over 8% this week. Gaurang Shah from
The 30-share BSE Sensex closed up 350.81 points at 74227.63
The 30-share BSE Sensex was up 9.46 points at 73913.37