The application of off-highway tyres is in the agricultural and mining sectors.
Lowest & highest underperformance of Nifty IT against Nifty50 was 9.9% and 29.5%, respectively.
This time around the downward trend in Motown may be protracted due to several factors affecting demand.
NHAI plans to award 6,000 kilometres of roads in the current fiscal.
About $16-trillion of global bonds now yield negative returns.
Sharp dip in June quarter figures shows 'men's underwear index' holds true for India.
Historically, the low reading signifies support for the market and an imminent upward move.
To be sure, the Sensex is still up 3.25 per cent year to date.
Downgrades have come rather quickly, matching the pace of business deceleration.
The stock has outperformed the Nifty by 6 per cent in the past three months.
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