Rupee rallies, stocks stumble: Why the currency’s gains aren’t lifting Dalal Street
The rupee’s biggest single-day gain in over six months failed to lift Indian equities, as elevated crude prices, persistent foreign investor outflows and global uncertainty continued to weigh on market sentiment.
The rupee’s biggest single-day gain in over six months failed to lift Indian equities, as elevated crude prices, persistent foreign investor outflows and global uncertainty continued to weigh on market sentiment.
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