It was a brutal day for wealth. The Rupee touched a terrifying intraday low of 91.99—almost hitting 92 vs the Dollar.
Foreign funds are fleeing, and the geopolitical heat is rising. Add to that the US SEC chasing the Adani top brass and Cipla reporting a disastrous 57% profit drop, and you have a recipe for panic. But is the India-US trade deal the only hope left?
Sanket Bendre breaks down why 25,000 is the level that must hold.
