Markets◆ Mixed
CJP Protests: Supreme Court To Hold Special Hearing Tomorrow Over Delhi Metro Closures
Indian markets left its position unchanged.
· NDTV Profit
The contempt plea names senior officials, including the Union Home Secretary and Delhi Police Commissioner, over alleged violations of the Supreme Court's public transport directions.
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.
Market context
- Sector exposure: Transport & Logistics.
In this story
Transport & Logistics