INSUBCONTINENT EXCLUSIVE:
23,000 crore this month so far, aiding the rupee to gain over 2 per cent against the dollar over upbeat investor sentiments.The healthy
inflow of foreign funds during March 2019 comes second just to the inflow of Rs 26,473.17 crore seen in March 2017.Institutional investment
investors have turned bullish on the markets owing to the expectation that a stable government will be in place after the general
investor sentiments are the crude oil prices which have been stable, hence inflation is expected to remain benign.Rushabh Maru Research
Analyst Anand Rathi said the rupee continues to remain on appreciating mode due to FIIs' inflow in the debt and equity market."On the other
hand, the Federal Reserve's patient approach to raise interest rates have improved sentiments
On the other hand, the market is expecting the NDA government to return to power after the election
Hence all these factors are supporting the rupee," said Rathi.Get the latest election news, live updates and election schedule for Lok Sabha
Elections 2019 on TheIndianSubcontinent.com/elections
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