The Reserve Bank of India (RBI) recently revealed a relatively unconventional tool to inject liquidity into the Indian economy.
The central bank of India would buy $5 billion from the nation's banks, and pay them in Indian rupees. As part of the USD-rupee buy-sell swap auction, the banks will buy the dollars back from the RBI after three years. Through this foreign-exchange swap, the RBI apparently hopes to boost the economy, as the additional funds supplied in local currency would allow banks to have more cash at their disposal to lend and/or invest with.
The move is expected to also curb the Indian rupee’s appreciation. A strong rupee is a potential headwind to India’s exports.
RBI has scheduled the dollar-rupee buy-sell swap auction to take place on March 26.
The 10-day moving average for INDA crossed bullishly above the 50-day moving average on October 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on October 09, 2025. You may want to consider a long position or call options on INDA as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for INDA just turned positive on October 09, 2025. Looking at past instances where INDA's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
INDA moved above its 50-day moving average on October 15, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INDA advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
INDA broke above its upper Bollinger Band on October 15, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Category WorldStock