Rural demand theme only silver lining in a gloomy stock market
Mumbai: Amid the volatility in stocks, as uncertainty continued to cast its shadow over Dalal Street, the rural theme-focussed stocks have offered a silver lining, and are likely to continue to the rally going ahead.
Shares of fertiliser producers, tractor makers, two-wheeler producers and other agri-linked companies have rallied in recent times on the back of normal monsoon forecasts, and as rural India has been less impacted by the Covid-19 crisis compared to the densely-populated urban count…
