As the demand for the safe haven soared after the US Fed’s hawkish-than-expected stance, the US dollar index has now crossed the 113 mark, its highest level in two decades. The Indian rupee also breached the 81 mark against the greenback as a result, last week.
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk
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