D-St just 5% away from highs with a 10% bounce from lows
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
The rupee has shown a significant recovery, closing at 93.90 this week, its best level since April. Recent drops in oil prices have alleviated inflation concerns and supported the local currency. Simultaneously, foreign portfolio investors have made substantial net purchases in…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRupee recovery and foreign portfolio inflows support Indian equities after a sharp rebound from lows.AI-generated summary