Historically, the rupee strengthens by March 31 due to RBI intervention, benefiting corporate balance sheets. However, this year, elevated oil prices and geopolitical tensions have led to significant RBI dollar sales, potentially challenging this trend. Traders anticipate a close around 91.75-92.50 per dollar, with a weaker outcome if interventions decrease amid sustained high oil prices.
Mutual fund flows decoded: Why AMFI’s monthly data matters for investors
Mutual fund flows show investor sentiment and money movement across categories. Consistent inflows suggest investor confidence, while outflows may signal caution. Equity fund inflows indicate