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Below the Quote on Daily Market by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital

“The market’s recovery reflects selective buying in metals, pharmaceuticals and healthcare, rather than a decisive improvement in overall sentiment. Elevated crude oil prices, with Brent around $115 per barrel, and the rupee weakening to Rs 95.19 against the US dollar continue to pose risks to inflation, corporate margins and foreign investor flows. While gold and silver remain important indicators of global risk appetite, investors must also monitor currency movements and energy-price volatility. Going forward, the sustainability of the rebound will depend on quarterly earnings, developments in West Asia and the US Federal Reserve’s policy outlook. Investors should remain selective, prioritising companies with strong earnings visibility, resilient balance sheets and reasonable valuations.”

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