Data shared by the National Stock Exchange (NSE) showed the annual premium turnover of index options declined to Rs 136 trillion from Rs 138 trillion in FY24
The weakening of the dollar reflects some unwinding of the so-called 'US exceptionalism' theme, which had attracted disproportionately large allocations to dollar assets over the years
According to analysts the valuation discount is largely due to poor show by banks in the previous five years
Equities surge on foreign flows; RIL rallies 5.3%
The stock reacted badly, falling 5.2 per cent to close at ₹621.85 on Monday on the BSE