INDIA MARKET LENS
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India's gold demand likely to fall to six-year low in 2026 on price rise

· Business Standard Mkts

The country, the ‌world's biggest gold consumer after China, is grappling with rising living costs in the wake of the Iran war, while a weak monsoon could curtail rural demand for…

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This is a Monsoon / rural demand event. Rural demand is a large share of staples and two-wheeler volumes, and it tracks the monsoon and support prices with a lag of a quarter or two.

  • Sectors in the story: Consumer & Retail and Consumer Durables.

Consumer & Retail

1M -1.9% · 3M -7.9%

Consumer Durables

1M -1.8% · 3M -10.9%

Sector moves are the average of the stocks we track in each sector.

Consumer & RetailConsumer Durables