Rupee rises 19 paise to close at 89.96 against U.S. dollar

Rupee rises 19 paise to close at 89.96 against U.S. dollar

Rupee Bounces Back as U.S. Dollar Weakens The rupee recovered from its recent all-time low after a softer U.S. dollar index relieved some pressure on the currency. Traders welcomed the shift, viewing the dollar’s decline as a key short-term support for the rupee. What drove the rebound Weaker U.S. dollar index: A broad-based dip in … Read more

Stock markets bounce back after four days of decline; Sensex climbs 158 points

Stock markets bounce back after four days of decline; Sensex climbs 158 points

Market rebound lifts benchmarks Indian equity benchmarks recovered ground as buying in technology and IT shares helped push the market higher. After a recent period of weakness, investors stepped back into stocks that offer growth and steady earnings, supporting both the headline indices. What drove the rally Tech and IT momentum: Strong demand for large-cap … Read more

RBI to tolerate weaker rupee as inflows dry up, sources say

RBI to tolerate weaker rupee as inflows dry up, sources say

Rupee Slides to Become Asia’s Weakest Currency The Indian rupee has fallen about 5.5% year-on-year, making it the weakest-performing currency in Asia over the past 12 months. The decline reflects a mix of global and domestic factors that are reshaping investor sentiment and the trade outlook. What’s driving the weakness? Stronger dollar: A firmer US … Read more

Rupee hits fresh low of 90.43/USD as outflows persist

Rupee hits fresh low of 90.43/USD as outflows persist

The Indian rupee slipped further against the US dollar and touched a previous all-time low of 90.29 on Wednesday. The move reflects continuing pressure on the currency amid a mix of global and domestic factors. Why the rupee weakened Several familiar forces usually push the rupee lower. Analysts point to a combination of: Strong dollar … Read more

Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade

Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade

Rupee Comes Under Pressure Ahead of Key Rate Call The rupee has been feeling the strain as forex traders point to two main drivers: restrained intervention by the central bank ahead of the Monetary Policy Committee (MPC) decision, and heavy dollar demand from importers. Together, these factors have pushed the local currency lower against the … Read more

Gold futures fall, silver gains as weak US data spurs caution

Gold futures fall, silver gains as weak US data spurs caution

Gold futures slip on MCX as December contract eases Gold futures for December delivery on the Multi Commodity Exchange (MCX) edged lower, falling by ₹88, or about 0.07%. The move marked a modest pullback after recent gains, leaving prices largely range-bound as traders weighed a mix of local and global factors. What drove the modest … Read more

Stock markets bounce back after falling in early deals

Stock markets bounce back after falling in early deals

Market rebound after early dip Equity benchmarks slipped in early trade but recovered quickly to trade in positive territory, lifted by value buying at lower levels. The bounce reflected renewed buying interest after initial weakness, as investors picked up stocks that had fallen to attractive price points. How the session unfolded Early weakness: Markets opened … Read more

Markets extend losing streak as rupee slumps, small-and mid-caps hit badly

Markets extend losing streak as rupee slumps, small-and mid-caps hit badly

The Indian rupee slipped to a fresh intra-day low of 90.14 against the US dollar in early trade and settled weaker at 90.19. The currency’s fall emerged as the key concern dampening investor sentiment, weighing on market confidence through the session. Market reaction Equity and bond markets took note of the rupee’s slide. Investors grew … Read more

Dollar set for ninth straight loss as traders eye Fed outlook; euro rises, yen falls

Dollar set for ninth straight loss as traders eye Fed outlook; euro rises, yen falls

Why the Fed’s direction is drawing attention As political winds shift, investors and businesses watch shifts in monetary policy closely. Moves by the Federal Reserve on interest rates and guidance shape borrowing costs, inflation expectations, and market stability. Any suggestion that a president could influence those decisions naturally becomes a focus for markets and economists. … Read more