The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.
This September, foreign investors have significantly increased their investments in Indian equities, pouring in around Rs 33,700 crore, mainly driven by the US Federal Reserve’s recent interest rate cut. This surge marks one of the highest monthly inflows this year, showcasing renewed confidence in the Indian Market. The overall investment from foreign portfolio investors has ...