The rupee strengthened by 20 paise against the dollar, closing at 86.80, driven by inflows. However, experts warn that sustained inflows are needed to maintain stability.
If you see the weight of dollar index itself, 55% is indirectly the euro, then the Swedish Krona, and then the Yen, like all three
Nilesh Shah, MD of Kotak AMC, highlights the performance of gold and the Nifty, noting gold’s potential for great returns. He discusses market fundamentals, recommending
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