Bajaj Allianz Life’s CIO expects Indian equities to remain constructive over the next 12–18 months, with earnings revival from Q3 FY26. Consumption, pharma, and select financials lead growth prospects, aided by GST cuts and rate relief. QSR stocks, despite recent underperformance, are viewed as contrarian long-term opportunities.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the