Indian equities show a widening split, with half the Nifty 500 stocks down sharply from their highs even as headline sentiment holds, and a fresh batch of large names touched 52-we
Indian equities show a widening split, with half the Nifty 500 stocks down sharply from their highs even as headline sentiment holds, and a fresh batch of large names touched 52-week lows. The rupee stays under pressure from elevated crude and firm US yields, with the central bank reportedly stepping in to smooth the move, while officials warn that geopolitical tensions and oil could feed imported inflation. Refiners are rerouting tankers around the Strait of Hormuz, adding a cost wrinkle to the energy picture.
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