Reliance Infrastructure shares have surged over 1,400% in five years, with a fresh 45% jump in the past month driven by its jet manufacturing deal with Dassault Aviation. Technical analysts see further upside, citing bullish chart patterns. A Rs 300 crore capital infusion through warrant conversion is also expected to support growth and financial flexibility.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.