The relentless flows from these investors alongside domestic institutions has been nothing less than a saviour for the Indian market.“Retail investors have always been considered as conservative in a volatile and uncertain environment,” said Vivek Goel, co-founder and joint MD at Tailwind Financial Services. Experts believe that this investor community is here to stay and cushion the downside for Indian equities in the near to medium term.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the