Indian Rupee: Currently, India is the fastest growing major developing economy in the world. Very soon it is expected to be the third largest economy. Global sentiments are bullish on the Indian economy.
Currently, India is the fastest growing major developing economy in the world. Very soon it is expected to be the third largest economy. Global sentiments are bullish on the Indian economy.
Today, if you look at multi-assets across the world, the safest haven is to buy some dollars and sit tight. Second could be some commodities, maybe some crude oil you could buy and just wait it out. Otherwise, a lot of other assets are looking very wobbly and we are in everything must selloff mode. In India, we are in a different situation where the macro is strong, says independent market expert Ajay Bagga.