The Reserve Bank of India has been actively intervening in the currency market to prevent the rupee from breaching the 84 per dollar mark. This strategy involves selling and purchasing dollars to maintain exchange-rate stability amid a broader trade deficit and global economic uncertainties.
IndiGo shares tumble 13% after slipping to Rs 987 crore loss in Q2. Should you invest?
IndiGo Share Price: InterGlobe Aviation’s IndiGo shares dropped 13% after reporting a ₹987 crore loss in Q2 FY2024, compared to a ₹189 crore profit YoY.