So, we are suggesting for exporters they should be looking to hedge for short-term but for importers they could be looking at a medium-term perspective.
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
Similar levels would be closer to around 49,100 to 49,200, I think in that range we should see resistance going forward and probably another leg
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