← Top stories
Broker call▲ Bullish for Indian equities
Nifty earnings estimates ambitious but a weak rupee doesn’t complicate outlook: Nuvama’s Prateek Parekh
The brief
- A weak rupee boosts earnings for export-heavy sectors
- Currency weakness challenges consumer-facing segments and margins
- Exporters may benefit, while consumer-facing Indian companies could face margin pressure
- India's forex reserves fall $14.89 billion to $766 billion
- Rupee and government bonds face pressure as oil rises and Iran diplomacy hopes fade
- FII Flows To Stay Subdued: Bernstein sees flat to modest inflows; rupee and valuations weigh
- RBI says resilient domestic economy cushions India against rising global risks
- Forex reserves drop $14.9 billion to $766 billion, sharpest weekly fall since November 2024