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
A total of 14,649 shares changed hands on the counter till 12:07PM (IST).
A total of 16,526 shares changed hands on the counter till 10:40AM (IST)