The rupee gained 19 paise, trading at 86.79 against the US dollar on Thursday. The US dollar index was down, while Brent crude prices fell. Domestic equities showed a muted trend with foreign institutional investors offloading equities worth Rs 1,881.30 crore. India’s economy expects strong momentum in the second half of the year.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.