Investors should prepare for ongoing market volatility, balancing portfolios between large caps for stability and midcaps for growth. Banking, IT, and pharma sectors are recommended for their resilience and potential. Emphasizing asset allocation and diversification is crucial for managing risks and ensuring consistent returns in uncertain times.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.