Indian IT and pharma stocks are not benefiting from a weaker rupee as expected. Tariff concerns are overshadowing currency gains. Investors are waiting for clarity on trade deals. Foreign investors have also been selling these stocks. Valuations remain a concern for pharma companies. Demand for IT services shows signs of improvement. Stock selection will be crucial for investors.
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?
Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.17 a