“Naveen Mathur of Anand Rathi Share & Stock Brokers holds a bearish view on the Indian Rupee for the near term, citing a clear depreciative bias with little relief. He attributes this to escalating Middle East tensions driving FPI outflows and strengthening the US dollar due to safe-haven demand. While he expects the RBI to intervene to slow the slide, he believes its ability to meaningfully reverse the trend is limited, predicting the central bank will smooth volatility rather than engineer a sustained recovery, unless geopolitical conditions stabilize swiftly.”

Naveen Mathur’s track record: 3 graded calls · 95% CI 21–94%