The Reserve Bank of India is closely monitoring global cryptocurrency developments, especially with Donald Trump’s shift in stance. India is expected to release a paper on crypto soon, even as the RBI emphasizes the effectiveness of UPI for digital transactions. The central bank is also developing its own CBDC and has highlighted concerns about crypto’s potential impact on financial stability.
Nifty’s 5-day fall may be nearing a reversal; Anand James maps key levels for this week
The consecutive falls that resigned Nifty to a close below lower bollinger band on Friday raises the prospects of a mean reversion move. Further, 20-week