The Indian market is expected to rise on Wednesday following positive global signals, with the Sensex and the Nifty50 closing flat on Tuesday. The weekly maximum Call OI is placed at 18,300 and then towards 18,400 strikes while the maximum Put OI is placed at 18,200 and then towards 18,100 strikes. Stocks recommended by analysts with short-term horizons include Metropolis Healthcare, Laurus Labs, Chambal Fertilisers, Axis Bank, Coal India, Tata Communications, AU Small Finance Bank, Divi’s Laboratories, and Naukri.
Rupee may test 94–95 zone soon as geopolitical risks mount: Analysts
The Indian rupee is facing pressure, nearing the 94/$ mark against the US dollar due to escalating tensions in the Strait of Hormuz and potential