Vedanta shares hit a fresh 52-week high as rising silver prices, strong performance in Hindustan Zinc and its successful bid for the Depo Graphite–Vanadium Block lifted investor confidence in metal and mining stocks.
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong
Banks’ leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This impacts banks with lower funding
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