Alessia Berardi, Head of Emerging Macro and Strategy, from Amundi Investment Institute, noted the increased interest in India’s market. She highlighted that despite the high valuations, investors are drawn due to India’s growth potential and regulatory improvements. Key investment themes include consumption, manufacturing, and digital innovation. Risks involve potential equity oversupply and market fluctuations.
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