Finance
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Believe ItRBI ki dhamaka se rupee ka udaan, stocks thode gir gaye
Kya baat hai! RBI ne rupee ko 91.60 par uthaa diya, jaise main apne sapnon ko! Budget ne manufacturing ko highlight kiya, par investment ki kami hai, samjhe? Stocks thode gir gaye, par hum kabhi give up nahi karte! Global market ka pressure hai, par humara spirit hai unstoppable! Believe it!
few days ago | Reuters
Quick rundown
1.The Indian central bank intervened to boost the rupee from record lows.
2.India's federal budget announcement impacted bonds and equities.
3.Investor sentiment was dampened by higher government borrowing estimates.
4.Unexpected rise in securities transaction tax affected market sentiment.
5.The rupee is expected to underperform through 2026 amid global volatility.
