Anand James, Chief Market Strategist at Geojit Investments Limited, shares his view on Nifty’s fragile technical setup, the likelihood of heightened volatility around the Budget, and whether oversold stocks like Kalyan Jewellers are poised for a relief rally.
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