Markets can be irrational in short term, rupee may be undervalued: RBI Guv
RBI is in focus.
· Business Standard Mkts
Malhotra said financial markets can be irrational in the short run and noted that measures including the REER suggest the rupee may be…
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.
- Sector exposure: Financial Services.
In this story
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