Mid-Day Pulse: Oil craters 4%, rupee surges on Us-Iran deal
Nifty at 23,911 and the rupee at 94.70 as the US-Iran Strait of Hormuz deal drains the oil risk premium out of every India import cost. Auto is up 2.8%, airlines flying 7% higher, but IT climbing 1.36% with no oil link is the session's quiet tell. Stocks moving: Kalyan Jewellers, Five-Star Business Finance, Balkrishna Industries, IndiGo, SpiceJet, Asian Paints, L&T, Vedanta. For more, askfuzz.ai
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