Following Tuesday’s market rebound, analysts are offering insights on key stocks. Vedanta shows strength above Rs 370, with potential upside beyond Rs 390. HCL Tech maintains a strong uptrend, favoring a buy-on-dips strategy. Conversely, Delhivery remains bearish, with analysts advising caution until it surpasses Rs 268.
A $73 billion short book is putting pressure on rupee
The Indian rupee is underperforming among emerging Asian currencies due to the Reserve Bank of India’s (RBI) strategy to bolster its foreign-exchange reserves. The RBI’s