Apple revenues in India are likely to grow 18 per cent (year-on-year) in 2024 and the new iPhone 16 series would help the company further solidify its presence in the country, along with boosting its exports figures, industry analysts said on Tuesday.
Market analysts said that FPIs were consistent buyers with buying picking up during the week ended July 19.
Moreover, the company received only one order from the Grievance Appellate Committee in the country in August, and complied with it.
The rise in domestic stocks is related to both the global market recovery and sound domestic macroeconomic fundamentals.
Trading sentiment in the equity markets this week will be largely dictated by industrial production and inflation data, the ongoing quarterly results as well as global cues.
The Election Commission (EC) on Wednesday asked the media not to carry predictions on results of assembly polls in Himachal…
