The Indian rupee strengthened by 64 paisa to 83.83 against the US dollar, marking its largest single-day gain since November 2022 due to significant intervention by the Reserve Bank of India. This move caused speculative dollar selling and stop losses for those expecting further depreciation.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the