Retail investors’ favorite stocks are down a median 20% since January 2025.
The National Stock Exchange (NSE) building in Mumbai, India, on Monday, Nov. 10, 2025. SoftBank Group Corp.-backed Lenskart Solutions Ltd. swung between gains and losses on its Mumbai trading debut after the company’s initial public offering raised 72.8 billion rupees ($821 million) and fueled a debate over soaring Indian startup valuations. Photographer: Dhiraj Singh/Bloomberg
India’s central bank is likely to start buying dollars to bolster its foreign-exchange reserves once the rupee strengthens to around 88—89 per dollar, according to Citigroup Inc.’s local markets head.
India’s central bank is likely to start buying dollars to bolster its foreign-exchange reserves once the rupee strengthens to around 88—89 per dollar, according to Citigroup Inc.’s local markets head.
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