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.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is