Nandan Chakraborty, ENAM said that, "The fear of Greece exiting the euro has scared markets the world over and caused a stampede towards the US dollar leading to a massive global currency sell-off. While the rupee has tumbled to all-time lows, a silver lining has emerged in the form of crude prices correcting meaningfully. Any further correction in commodity prices will bode well for India's twin deficits."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
