World Trade Flash

Sharp excise duty hike to weigh on cigarette stocks; autos, banks offer better risk-reward: Nischal Maheshwari

Sharp excise duty hike to weigh on cigarette stocks; autos, banks offer better risk-reward: Nischal Maheshwari

A sharp excise duty hike on cigarettes is set to pressure cigarette stocks in the near term, while autos, banks and select metals offer better risk-reward for 2026, says Nischal Maheshwari. Price hikes, consumer downtrading and sector rotation could drive mar…

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