The recent INR depreciation has surprised the market leading to 10% depreciation in a year, which is double than the normal rate of 4 to 5 per cent annually, raising questions about the strength of the Indian economy.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and