Cement stocks saw a surge today. Manufacturers are likely to increase prices to cover rising fuel expenses. This move is expected to provide some immediate relief. Analysts suggest that despite ongoing global tensions, the cement sector remains fundamentally strong. Investors are advised to consider entering the market now, with UltraTech Cement, Ambuja Cement, and Dalmia Bharat highlighted as top picks.
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