“We have stepped into a consolidation period with ample opportunities for traders on either side, especially given the rise in VIX,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
Rupee hits record low of 87.35 vs USD on rate cut expectations
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve