Indian stock markets closed with a slight dip on Friday. The Sensex and Nifty saw minor fluctuations throughout the day. Investors took profits near record highs. They considered potential interest rate cuts in the US and India. Domestic growth figures also influenced trading. Both major indices ended marginally lower after reaching new peaks previously.
Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta
“One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon,” she said. “If