The RBI has tightened rules for rupee-linked foreign exchange derivatives, restricting the rebooking of cancelled contracts and cutting the threshold for transactions without establishing underlying exposure to $5 million from $100 million. It has also mandated additional checks for hedging activities and introduced a 20% cash reserve requirement for certain transactions.
Concurrent Gainers: 14 smallcap stocks that gain for 5 days in a row
Over the five trading sessions from October 5 to 9, the Sensex gained 0.78%, or 563 points, to close at 72,472. The benchmark index ended