The RBI’s net forex purchases surged to $14.4 billion in March—its highest since June 2021—following $20 billion in buy-sell swaps. These actions aimed to infuse rupee liquidity into the banking system and manage forward dollar positions, helping support monetary policy transmission amid a strengthening rupee.
Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah
Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India’s strong IPO pipeline driven by entrepreneurs