Indian equity markets witnessed a volatile week as geopolitical tensions and rising crude prices triggered broad-based selling across Dalal Street. Nearly 900 smallcap stocks declined during the last week, reflecting the cautious sentiment among investors. Despite the market pressure, a handful of these broader market stocks managed to deliver strong gains, with some rallying as much as 25% in just one week. Data: Ace Equity
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a