Veteran investor Vijay Kedia, known for his role at Kedia Securities, shared his inspiring investment journey at IOC 6.0 – Traders’ Mahakumbh. He recounted how a Gujarat-based company investment from 2006-07 turned into a 16,400x return over 16 years, despite facing over 50% declines during market downturns. His belief in long-term holding and compounding led to his remarkable success.
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.