This was the second consecutive day the rupee appreciated past the 85 levels, but could not sustain there due to likely intervention by the Reserve Bank of India. RBI also likely intervened around the weaker 85.38/$1 levels by selling dollars, traders said.
Domestic Institutional Investors are showing strong confidence in Indian stocks. They invested nearly Rs 2.94 lakh crore by early June 2025.
Promoter pledged shares were reduced by 0.9 percentage point, from 17.8% in Q3 to 16.9% in Q4 FY25.
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