This decline was influenced by the unwinding of carry trades and high local dollar demand. Central bank interventions helped limit the currency’s losses, with the rupee expected to remain under pressure.
Amid overall market volatility, many stocks have experienced sharp corrections from their all-time highs. Even the headline equity indices, Nifty and Sensex, have corrected by
India’s wealth management sector is evolving due to tech advances, ESG investments, and increased mutual fund SIPs. By 2025, AI-driven platforms, a significant rise in
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