The rupee’s biggest rally in seven years will give Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest […]
A market rebound is likely early in the shortened trading week after US Treasury Secretary Scott Bessent on Friday signalled the potential removal of an additional 25% tariff on India. Though the market looks oversold after last week’s sell-off, any possible bounce would depend on a decline in foreign institutional selling. Markets are shut today […]
We recently compiled a list of the 12 Cheap Small-Cap Stocks to Invest In Before the Next Breakout. STAAR Surgical Company tops our list for being one of the best small-cap stocks on our list. TheFly reported on January 16 that Morgan Stanley resumed coverage of STAA with an Underweight rating and a $13 price target […]
Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player. Shares of the oil-to-telecom major slid as much as 5.2% on Tuesday, heading for its worst day since June 2024. The selloff also weighed on the nation’s stock gauges, where Reliance […]