“The Bajaj Finance case was on Thursday. It was more like an operational issue. So I do not think the market was too perturbed by that. I would surely look to buy into some of the banks, private banks or maybe an SBI at this point of time. And maybe some of the companies, like SBI Card, et cetera, could have a larger price impact because of the development yesterday. ”
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
February 5, 2025