As the demand for the safe haven soared after the US Fed’s hawkish-than-expected stance, the US dollar index has now crossed the 113 mark, its highest level in two decades. The Indian rupee also breached the 81 mark against the greenback as a result, last week.
Don’t chase defence stocks on sentiment; focus on fundamentals and export potential: Ashish Gupta
There are the few companies that will probably benefit from higher defence spending in India and globally and there we see larger upside, but I
May 7, 2025