Vedanta shares plunged 7% to Rs 410 as the US dollar hit a record high, weakening the Indian rupee and hurting metal stocks. Trump tariffs fueled market concerns, impacting Nifty Metal stocks. Vedanta’s Q3 earnings showed a 76% YoY profit jump, while analysts see a 22% upside with a Rs 513 target price.
Dalal Street Week Ahead: Time to exit overheated themes, enter emerging plays
The markets broke out after six weeks of consolidation, with the Nifty gaining 2.09%. Support levels have risen to the 25100-25150 zone, and leadership is