India’s equity market is feeling the heat as the rupee hits record lows, raising concerns about the ongoing economic recovery. Foreign investors are pulling money out, impacting capital flows crucial for growth. While tech exporters benefit from a weaker rupee, other sectors face challenges, suggesting a period of selective investment and continued market volatility.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO
July 27, 2026