Vikas Khemani sees autos as key festive season winners, expects IT to weather H-1B visa changes with minimal margin impact, and remains bullish on pharma despite US drug pricing concerns. He views market consolidation as healthy, supported by strong macro fundamentals and GCC expansion.Read More
Shares of Tata Investment Corporation surged 11.7% in intraday trade today to hit a new 52-week high of Rs 8,131.50 on the BSE. The rally followed the company’s announcement of a 1:10 stock split aimed at improving liquidity and enhancing retail participation.Read More
Indian benchmark indices Sensex and Nifty ended lower on Tuesday, falling for a third consecutive session, with gains in auto makers on festive-season demand failing to offset broader losses fueled by worries over a steep increase in U.S. H-1B visa fees.Read More
The Indian Rupee faced a significant drop, hitting a record low. This decline was influenced by concerns over U.S. tariffs and increased H-1B visa fees. Central bank intervention helped to control the losses. The rupee’s performance has been among the weakest in the region this year. Restrictions on services exports could further impact the currency.Read More
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