Basically, the RBI is making its presence felt and letting traders know once again that it will not allow one-sided moves,” said one of the state-run bankers who confirmed the intervention.
US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI