-
Despite biting inflation, analysts bullish on retail stocks for long haul

 
 
 
 In spite of pinching inflation, analysts feel the Indian retail sector is on the ‘cusp of accelerated earnings growth’ as purchaser sentiment, and discretionary purchases bounce again from Covid-19 pandemic. 
 
 “The shift in customer preference from unorganized to structured sector, coupled with an uptick in domestic demand from customers as folks resume operate from places of work, will cheer the Indian retail sector,” explained Nishit Master, Portfolio Manager at Axis Securities.
 
 Malls are witnessing amplified footfalls in reduced tier towns and standalone shops as usage picks up, and mobility increases. Merchants, much too, program to ramp up shop enlargement in FY23 as profits…