Markets slipped on Friday as investors turned defensive ahead of Sunday’s Union Budget, with IT and metal stocks weighing on sentiment. Analysts highlighted persistent volatility amid global uncertainties, Fed leadership changes and FII pressure. With key levels holding firm, traders now await Budget cues to determine the market’s next decisive move.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a
May 1, 2026