Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen & Toubro and KEC International face potential project cancellations and execution delays, impacting their order books and revenue visibility.
Rupee edges up to 95.11 against dollar on likely RBI intervention
On Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising oil prices and foreign