Saurabh Mall
Industry sees steady retention of local talent Many companies report that domestic workers are not leaving in large numbers for jobs abroad or even switching sectors. Rather than a sudden migration, the workforce looks steady, and employers are noticing both benefits and challenges from this trend. Why talent is staying put Competitive local opportunities: Home … Read more
Near-term outlook: a dip then a bounce Markets are pricing a near-term move where the domestic currency could slip to the 90.25–90.50 range against the dollar before staging a recovery. This pattern reflects short-lived pressure from a stronger dollar and portfolio flows, followed by forces that typically steady the currency. Why the currency might dip … Read more
At the interbank foreign exchange market, the Indian rupee opened at 89.70 against the U.S. dollar and later slipped to an intraday record low of 90.00. The move marks a notable weakening of the rupee within a single trading session. What happened on the trading floor Traders saw the rupee lose ground after the opening, … Read more
Forex Traders See Sentiment Held Back by Multiple Pressures Market participants say investor mood remains fragile as several forces converge. Currency traders point to a steady stream of foreign fund outflows from equities and continued uncertainty around the Indo-US trade talks as key factors keeping volatility elevated. Why outflows matter When foreign investors reduce exposure … Read more
Markets Slip as Blue-Chip Banks and Reliance Weigh Stock markets turned lower after heavy selling pressure in major bank stocks and a sharp decline in Reliance Industries. The move was compounded by ongoing outflows from foreign funds, leaving broader indices under strain. What pushed markets down Blue-chip bank stocks saw significant selling, dragging financials — … Read more
Gold eased on December 2, with both 22-carat and 24-carat rates slipping across major Indian cities. The move was visible in local market quotes and reflected a softer tone compared with recent trading days. Market snapshot Prices for jewellery-grade (22-carat) and investment-grade (24-carat) gold fell across the board. Retail rates in several urban centres showed … Read more
Rupee Comes Under Pressure as Dollar Demand Picks Up Forex traders said rising demand for the US dollar from corporates, importers and foreign portfolio investors put pressure on the rupee, pushing the currency lower in recent trading. Market participants point to a mix of commercial needs and portfolio flows as the main drivers. Why the … Read more
Rupee slips to a fresh record low against US dollar At the interbank foreign exchange, the Indian rupee opened at 89.70 against the US dollar and then slid further to a record low of 89.85, down 32 paise from the previous close. What happened on the trading floor The currency started the session at 89.70 … Read more
Markets saw selective buying with several large-cap names moving higher, and Asian Paints, Bharti Airtel, Infosys and Bajaj Finance were among the notable gainers. The move highlighted sectoral strength across consumer, telecom, IT and financial stocks as investors rotated into quality names. Which stocks stood out Asian Paints — a barometer for consumer demand and … Read more
Rupee likely to hover around ₹89–₹90 if uncertainty persists The Indian rupee may stay in the ₹89 to ₹90 range against the US dollar while market uncertainty continues, experts say. Traders and businesses are being advised to plan for more muted volatility rather than a sharp recovery in the near term. Why the rupee is … Read more