We have not reduced our own risk in our portfolios. But we are suspecting that at some point this year, there will be a reason to do so and so for now, no. But at some point, yes, there will be a time to move into cash.
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according
Ambit initiated a “Buy” rating on GMM Pfaudler with a 24-month target of ₹2,400, citing an 89% upside driven by end-user capex rebound and diversification
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