The rupee appreciated by 12 paise to 86.44 per dollar, marking its longest winning streak since September 2024. Exporter dollar sales and foreign inflows supported the rally, pushing the currency to its highest level since January 27.
FIIs on sidelines due to high valuations despite macro strength: Jitendra Gohil
Kotak Alternate Asset’s Jitendra Gohil anticipates heightened competition across Indian sectors due to government initiatives and reduced business costs, potentially pressuring earnings despite strong macro