Sensex rises: Sensex rises, but rupee falls: Could this be a sign of appreciation of the currency?

[ad_1] After hitting a 52-week low of 15,183.40 on June 17, nifty Bounced back last week and closed near 15,700. Looking at the growth indices, we believe it is a good entry point for long term investors if they make strategic investments. It is imperative that investors choose sectors with high growth potential. Is Indian Rupee really falling? It would be wrong to say that the Indian rupee is falling. Instead, we have to consider that the US dollar is appreciating. About a year ago, the US dollar trading index…