MUMBAI:
The BSE Dollex 30, the dollar equivalent of the bellwether Sensex 30, has underperformed the benchmark index, returning 5% (to last year's closing of 7,126.68 on 31 December) compared to the Sensex's 8.16% (closing of 78,139.01), data from the BSE showed.
"Global investor returns are indexed to the dollar and, thus, the fall in rupee last year has impinged on their dollar returns," said Ashish Gupta, chief investment officer at Axis Mutual Fund.
This story is from the January 02, 2025 edition of Hindustan Times Amritsar.
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This story is from the January 02, 2025 edition of Hindustan Times Amritsar.
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