Some correction in Jindal Saw stock was warranted given the stark outperformance in the last three months. Shares of the company have given 94% returns in the last 3 months compared to the over 6% fall in Nifty 50. Earlier in March, the stock also scaled its highest level in 5 years.
Dollar feeble as rate hike bets dwindle, Iran war worries grow
The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts.
August 18, 2026