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HomeEconomyIndian Share MarketStocks surge, but weak rupee, costly oil cast a shadow

Stocks surge, but weak rupee, costly oil cast a shadow

Stocks witnessed a strong relief rally on Tuesday, aided by short-covering, a slight respite in foreign investors’ selling and improved global cues. However, analysts expect the rally to be short-lived, as high inflation, steep crude prices and a weak rupee put pressure on corporate earnings.
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