The benchmark indices gained around 8% in December alone following renewed interest of foreign portfolio investors (FPIs) and sustained flows form domestic investors. That took the calendar year gain to over 20%. This has prompted more retail investors to opt for equity investments, and SIP has emerged as a preferred route.
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, says research
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according
January 10, 2025