Indian equities experienced their steepest weekly loss in over a year, with the Nifty and Sensex falling significantly due to escalating West Asian conflict fears. Persistent foreign outflows and rising oil prices further pressured sentiment, causing the rupee to hit a record low despite central bank intervention. Analysts anticipate continued weakness unless a ceasefire is reached.
Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price