The US Dollar Index (DXY) has slipped below $100 for the first time after April 2022. When the Dollar Index falls, the Indian rupee appreciates and the dollar weakens, which is leading to increase in fund flows from FIIs and FPIs, SBI Securities said in a report.
Nirmala Sitharaman emphasised preparedness along with due diligence through adherence to the regulatory framework by focusing on risk management, and diversification of deposits and assets base.
Diesel prices increased by 25 paise per litre in the national capital to Rs 89.07 per litre on Sunday while petrol price remained unchanged for the 21st consecutive day
Industry body Assocham on Sunday advised investors to adopt a "wait and watch" attitude due to the impending state assembly elections which might lead to volatility in the country's financial markets.
