HDFC Bank's Arup Rakshit Predicts Rupee 90-92 Range; 3R's Neeraj Seth Sees India as Investment 'Buy Zone'
Loading more articles...
Rupee to stay in 90-92 range amid global uncertainty: HDFC Bank's Arup Rakshit
C
CNBC TV18•24-02-2026, 15:12
Rupee to stay in 90-92 range amid global uncertainty: HDFC Bank's Arup Rakshit
•HDFC Bank's Arup Rakshit expects the rupee to remain between 90-92 against the US dollar due to global trade and geopolitical developments.
•Recent tariff policy decisions have supported the currency, with domestic concerns easing and global factors now driving uncertainty.
•Rupee stability could boost foreign investor sentiment, though investment flows depend more on economic performance.
•Neeraj Seth of 3R Investment Management notes challenging market conditions for broad index investing due to sectoral divergence and global concerns.
•Seth sees India approaching a favorable entry point for investors, citing currency stabilization, tariff developments, and emerging earnings improvement.
