Economists believe record high dollar sales by the Reserve Bank of India (RBI) to protect the rupee’s exchange rate and interest earned from large scale liquidity operations have boosted the prospects of a bumper payout, which one overseas banking group believes could be as high as Rs 3.5 lakh crore.
Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 results
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.