The Indian rupee made its biggest single-day gain since late November, closing 12 paisa up at 85.71 per dollar as the dollar index fell to a one-week low. Dollar sales by foreign banks and RBI’s control measures influenced the rupee’s movement. Key US job data is awaited for further cues.
Defence stocks surge 50% in a month. ‘Operation Sindoor’ type tactical buy or overkill?
Following the successful ‘Operation Sindoor,’ Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due
May 7, 2025