The #Rupee falling doesn't just make your shopping more expensive when you travel abroad but impacts the entire Indian economy ๐ฎ๐ณ
Here are some sectors it impacts ๐
Here are some sectors it impacts ๐
Positive Impact โ
IT ๐ป
Garments ๐งฅ
Tea ๐ซ
Steel ๐๏ธ
Companies in these sectors can expect to see profits rise as they are heavy exporters ๐
IT ๐ป
Garments ๐งฅ
Tea ๐ซ
Steel ๐๏ธ
Companies in these sectors can expect to see profits rise as they are heavy exporters ๐
Negative Impact โ
Renewable Energy โ๏ธ
Automobile ๐
FMCG ๐๏ธ
Aviation โ๏ธ
Telecom ๐ถ
Cement ๐งฑ
Companies in these sectors can see a significant rise in their costs as they depend a lot on imports which are crucial for their business models leading to a decrease in profits ๐
Renewable Energy โ๏ธ
Automobile ๐
FMCG ๐๏ธ
Aviation โ๏ธ
Telecom ๐ถ
Cement ๐งฑ
Companies in these sectors can see a significant rise in their costs as they depend a lot on imports which are crucial for their business models leading to a decrease in profits ๐
Have you adjusted your investing strategy on the basis of the fall in the rupee?
โข โข โข
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