Mid-Day Pulse: Weak rupee spares IT as banks slide
Nifty 50 is down to 24,445 as the Hormuz standoff pushes Brent toward 88 dollars a barrel, lifting MCX crude nearly 2% and pressuring the rupee. Banks and FMCG absorb the hit while pharma earnings fuel the divide. Stocks moving: Gland Pharma, Info Edge, Chennai Petroleum, Oil India, Jubilant Pharmova. For more, askfuzz.ai
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