“The Rupee’s losses Thursday were exclusive to the local market as the dollar was marginally lower to 106.16,” said a trader from a large bank.“The pressure came from the offshore derivatives market weighing on the rupee,” said the person.
3 top stock picks from Aditya Arora for next week
Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the