Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s why

On Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from the Reserve Bank of India’s dollar sales played a crucial role in maintaining a stable trading environment, with the rupee fluctuating between 95.25 and 95.44. Traders are optimistic, anticipating an even stronger performance for…

Wallabies introduced to New Zealand more than a century ago have now spread across more than 200,000 hectares in the Bay of Plenty region. The animals feed on native tree seedlings, ferns and grasses, damage plantation trees and compete with livestock for pasture. Authorities warn that unchecked wallabies could eventually occupy one-third of New Zealand…

The Nifty ended the week with modest gains as the index defended the crucial 23,800–24,000 support zone, keeping the broader technical structure positive. Analysts expect the next move to hinge on the 24,500 resistance level, where the 100-week moving average could pose a hurdle. A breakout above this zone may revive stronger upside momentum, while…