Stocks that were in focus include names like ITC, which fell 4.30%, IndusInd Bank, which rose 1.96%, and Aarti Drugs, whose shares surged 18% on Monday.
Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat