The Reserve Bank of India (RBI) is estimated to have sold about $1 billion on a day the US financial markets are shut. The RBI could not be immediately contacted for comments.
Sensex, Nifty’s explosive rally pushes market to pre-Middle East war levels. How long will they take to scale fresh peaks?
In a remarkable turn of events, the Indian stock market has showcased impressive upward movement this month, with the Sensex soaring to 82,000, indicating a