India’s rupee faces potential record lows against the dollar, possibly exceeding 100, if the Iran war escalates. Analysts warn that elevated oil prices will worsen inflation and the current-account deficit, while central bank measures may only offer temporary respite. Market pricing suggests further losses are likely.
HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?
Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak