Companies in the BSE PSU Index beat analysts’ expectations by a mere 1% in the three months ended December, the slowest pace in six quarters, according to data compiled by Bloomberg. That’s not enough to justify a rally that sent the gauge to a fresh record on Thursday, and has more more than doubled the measure’s market value to $750 billion in the past year.
Rupee ends in the green on likely central bank support
The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio