Indian markets are nearing record highs. Traders anticipate a US trade deal as the next market trigger. Rahul Sharma suggests a potential shift from largecaps to midcaps after the deal. Midcap indices show strong technical patterns. GMR Airports and KFin Technologies are highlighted as midcap opportunities. The IT sector is also showing short-term strength driven by quarterly results.
Rupee falls 3 paise to 92.43 against US dollar in early trade
The Indian rupee opened at 92.42 against the US dollar on Wednesday. A plunge in global crude oil prices and positive opening at domestic equity