The Indian Rupee recovered from an all-time low of 90.42 against the US Dollar. State-run banks and corporate inflows helped the currency close at 89.97. The Reserve Bank of India likely intervened to prevent further depreciation. Traders anticipate a wide trading range on Friday, with the monetary policy committee set to announce its rate decision.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026