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India's steel sector shines globally with robust domestic demand and expanding capacity. It is the world's fastest-growing steel market. Projections show significant volume growth through FY28. Infrastructure, real estate, and energy transition fuel this expansion. Domestic producers benefit from protectionist measures and improving pricing. JSW Steel and Tata Steel are poised for growth.
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News and Media
The U.S. dollars recent weakness may be reversing as economic resilience, easing policy concerns and geopolitical factors support a rebound. With global and domestic pressures building, the Indian rupee could face depreciation. The Dollar Index is seen moving towards 100 to 102, reflecting improving fundamentals and shifting market expectations.
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News and Media
Over the five trading sessions ending February 20, the benchmark index Sensex inched up 0.23% (188 points) to settle at 82,814. The index advanced in four out of the five sessions, but witnessed a sharp decline of about 1,236 points on Thursday. During the same period, 63 stocks in the BSE Smallcap Index registered losses in all five sessions. Among them, 12 small-cap stocks recorded cumulative declines of more than 15% over the five-day span. (Data source: ACE Equity)
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News and Media
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