Indian markets remain near record highs, but a sharp rupee fall and global volatility have raised red flags, says market expert Ajay Bagga. He warns that RBI’s absence during the currency slide could hurt FPI sentiment and delay rate cuts. A US–India trade deal remains the biggest potential trigger, while private-sector banks continue to look attractive
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires