So, your question, of course, is that what happens tight dollar, of course, means tight financial conditions and that essentially means that the emerging markets more specifically do not do well, both equities and bond.
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
FPIs have been selling off Indian equities in March, with outflows totalling Rs 24,753 crore as of March 7. The trend has slowed slightly, but
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