A resilient show by capital goods firms may mask weakness in India capex cycle
New Delhi, April 3 -- The BSE Capital Goods index has risen 13% from its lows in mid-February, slightly more than the 10.5% gain in the BSE 500 index. This is despite the recent news on weak order flows in the run-up to the general elections and the sluggish capital expenditure (capex) cycle....
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