US President Donald Trump’s tariffs aim to restructure global trade, impacting the stock market. India’s Sensex dropped 1400 points amid investor fears. Experts suggest the correction is due to profit booking and advise investors on strategies around key support levels in anticipation of market stabilization.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows