The Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent crude prices are fueling global inflation concerns, prompting expectations of monetary tightening. India’s policymakers are implementing measures to support the rupee and manage balance of payments pressures, while bond yields are expected to extend their decline.
F&O Talk: Smallcap index better placed than Nifty, says Sudeep Shah; picks 9 stocks for next week
SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive