◆ Mixed
Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta
RBI is in focus.
24 Sept 2026 · Economic Times Markets
"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything, there seems to be a fair case for the rupee to not just stabilise but perhaps even appreciate from the current levels, as was being anticipated by the market analysts when the capital flow measures were first announced."
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- This is a market-wide development — its reach goes beyond any single stock.