forex market: ETMarkets Investors’ Guide: How changing dynamics in forex market can impact stocks

Hello, you have tuned into ETMarkets Investors’ Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal.

As the Indian rupee and the euro are crashing, the mathematics is changing for a number of Indian companies. A depreciating rupee is good for exporters and bad for importers.

In today’s special podcast with independent market expert Rajiv Nagpal, let’s understand how the forex market can impact stocks.

Listen in.

Welcome to the show Mr Nagpal.

1) Can you explain how the weakening of European currency can impact some of the listed companies in India?

2) With the Indian rupee falling consistently, which exporters are more likely to gain significantly? IT stocks, for example, have not been able to rally on the back of declining rupee amid weaker than expected results.

3) Do you think bank stocks are more attractive in the near term than IT stocks?

Thank you Mr Nagpal. That’s all in today’s special podcast. But do keep checking this space for more such interesting content. Good bye!