Founder - Burn Inves... • 29d
The Indian rupee has slipped to a record low of 88 against the US dollar which is definitely not a positive sign since India is still a net importer bringing in far more than it exports this drop will have consequences for the market right now strong GDP growth and improving ties with China are helping absorb the impact but once that momentum slows, the market is likely to react sharply.
Founder - Burn Inves... • 8m
If anyone thinks that this market fall is solely because of Trump, that's not the case. The Q3 results of Indian companies aren't looking great either, and the financial sector is still struggling to manage the stress of unsecured loans. The budget i
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