The Indian rupee surged to 85.63 per dollar, erasing 2025 losses amid strong foreign inflows and exporter dollar sales. The currency gained 2.1% in March, outperforming Asian peers. Foreign portfolio investors bought $1.3 billion in stocks and bonds, supporting the rupee’s appreciation.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data.
May 19, 2025