Will MDR on UPI give a boost to digital rupee?
· Business Today Mkts
S&P Global’s Geeta Chugh feels UPI will remain the key payments infra, but the key strength of the central bank digital currency (CBDC) is its programmability, and she sees its importance in areas like targeted lending and subsidy…
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.
Market context
- This is a market-wide development — its reach goes beyond any single stock.
- Sector exposure: Infrastructure.
In this story
Related coverage
L&T arm bags order worth over ₹5,000 crore for Jharkhand power project
From roads to solar: DBL plans ₹15,000 crore energy infrastructure push
Capital market stocks' add ₹1.2 trn YTD as D-St rout fails to cloud appeal
Stocks in news: Titan, HCL Tech, Adani Ports and Utkarsh SFB
US stocks: Webull shares plunge 18% after report flags structural ties to China