Analysts flagged volatility near 25,000 support with FPIs pulling $11.7 billion YTD, though domestic inflows and select sectoral strength continue to provide a cushion.
The company is facing slowing sales, shrinking margins, and flat profits, with the analyst warning the stock’s downtrend could persist unless the company revamps its growth strategy.
HDFC Life, HDB Financial Services, ICICI Lombard General Insurance Company, and ICICI Prudential Life Insurance Company are among the companies reporting Q1 results later in the day