The Nifty IT Index surged 19.6% in the last 6 months against an up move of 11.1% in the benchmark Nifty Index in the same period. Investec said that the surge in the IT stocks has been in anticipation of a recovery despite the earning downgrades.
Rupee ends in the green on likely central bank support
The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio