Nifty 50

Runs consumer platforms and store chains for urban India. A small but fast-growing part of the index.

These are the market's new-economy consumption plays, valued on growth rather than current profits, so they swing more than staples.

Food delivery is now profitable and a two-player market; quick commerce is growing fast but still investing heavily. Trent's value fashion earns high store returns.

• Urban consumption and convenience spending
• Store and dark-store expansion
• Higher order values and ad income

• Dark-store and store real estate in cities
• Delivery fleet and labour rules for gig workers
• Supply of trend-led apparel

• Gross order value growth
• Contribution and adjusted EBITDA margin
• Store additions and revenue per sq ft