The Indian rupee weakened 14 paisa on Wednesday to close at a record low of 85.845/$1, amid strong US economic data and slower Federal Reserve rate cut speculation.
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers
Indian equity markets are poised for further gains, with Nifty aiming for 25,000 if it holds the 23,800 support. Banking and defence sectors are highlighted
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