Weak US dollar, low crude oil prices may fuel 8-10% rally in Nifty 50: Elara Capital
US Dollar Index has declined 10% YTD and currently stands around 96.70 — its lowest in over three years. Elara Capital expects the DXY to remain in the 95–99 range over the next two quarters, with an average of 100 for CY25, sharply lower than the 105 projected earlier this year.
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