“We need to closely watch the dollar-rupee balance. A weak rupee is impacting the fiscal health of our economy. Interest rates can play spoilsport, but there are some early signs that commodity prices are bottoming out, which should benefit the Indian economy. Apart from global themes, the markets should keep an eye on how the rural economy is currently performing and how it is going to play out going forward. “
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing