Rupee falls 5 paise to 88.21 against US dollar in early trade

On Friday (September 19), the rupee appreciated 4 paise to close at 88.16 against the US dollar.

On Friday (September 19), the rupee appreciated 4 paise to close at 88.16 against the US dollar.

Citi wrote in its note that the Supreme Court has admitted Vodafone Idea’s latest AGR plea and with the government also expressing its support, the chances of a potential relief for the company have increased.

Brokerage firm Morgan Stanley cited Knowledge Realty’s defensive profile, steadily rising cash flows, low leverage, and potential for acquisitions as key positives.

Nomura highlighted Infosys and Cognizant among its top picks within the largecap IT space, and Coforge and Firstsource within the midcap IT basket.

GRSE signed a $62 million agreement with Germany’s Carsten Rehder Schiffsmakler and Reederei GmbH & Co for the construction of four Hybrid Multi-Purpose Vessels (MPVs), with a provision to build an additional two vessels.

Of the 18 analysts that have coverage on Paytm, nine have a “buy” rating, five have a “hold” rating and four have a “sell” rating.

In the 2025 calendar year, Mphasis said it had just 130 new filings, of which it received 78 new approvals, so far.

Cyient said only six employees were deployed on H-1B visas in the previous year.

Brokerage firm Jefferies as highlighted Coforge to be among the best placed within the midcap IT space to navigate this issue, while Nomura has highlighted the company to be among its top picks within the Midcap IT stocks.

BofA Securities believes that the new H-1B visa fees norms pose a gross pre-mitigation Earnings Per Share (EPS) risk of 7% to 17% over a three-year period.