Rupee falls 7 paise to 89.43 against US dollar in early trade

Rupee falls 7 paise to 89.43 against US dollar in early trade

Rupee Slips as Foreign Funds Pull Back The rupee came under pressure after a noticeable withdrawal of foreign funds, say forex experts. Investors stayed cautious ahead of the release of GDP growth numbers for the July–September quarter, which added to market uncertainty. What’s Driving the Movement? Foreign fund outflows: When foreign investors reduce holdings in … Read more

Nifty hits an all time high of 26310 but closes 300 points lower

Nifty hits an all time high of 26310 but closes 300 points lower

Sensex scales a fresh intraday peak, closes slightly lower The benchmark index hit an all-time high of 86,055.86 points during trading before settling at 85,720 points at the end of the session. The intraday peak reflects strong buying interest, while the close shows some profit-taking later in the day. Market snapshot Intraday high: 86,055.86 points … Read more

Rupee declines 8 paise to close at 89.30 against U.S. dollar

Rupee declines 8 paise to close at 89.30 against U.S. dollar

The Indian currency received a fresh dose of support this week, helped by foreign capital flowing into domestic equity markets and a decline in global crude oil prices, forex experts said. These two factors eased some pressure on the rupee and improved investor sentiment. What helped the rupee Foreign capital inflows: Overseas investors buying Indian … Read more

Sensex, Nifty scale record highs on rate cut hopes, foreign fund inflows

Sensex, Nifty scale record highs on rate cut hopes, foreign fund inflows

Markets hit record highs, end the day slightly up Both the benchmark indices scaled lifetime highs during the session before settling marginally higher as positive global cues lifted investor sentiment. The move was driven largely by growing hopes of a U.S. Federal Reserve rate cut and renewed foreign fund inflows. What moved the market Fed … Read more

Rupee declines 8 paise to close at 89.30 against US dollar

Rupee declines 8 paise to close at 89.30 against US dollar

Rupee Gets a Lift from Foreign Funds and Falling Oil Prices The Indian currency found support recently as foreign capital flowed back into domestic stock markets and global crude oil prices eased. Forex experts say these two forces helped steady the rupee against major currencies. Why foreign inflows matter When foreign investors buy stocks or … Read more

Rupee falls 2 paise to 89.24 against U.S. dollar in early trade

Rupee falls 2 paise to 89.24 against U.S. dollar in early trade

Rupee slips as importers rush for dollars amid trade uncertainty The rupee declined after a rise in dollar buying by importers, driven by ongoing volatility in global trade. With supply chains and commodity prices swinging, companies that import goods are seeking dollars to meet payment obligations and protect themselves from further market shocks. Why importers … Read more

Rupee falls 2 paise to 89.24 against US dollar in early trade

Rupee falls 2 paise to 89.24 against US dollar in early trade

Forex traders say the rupee found support after a fresh inflow of foreign capital into domestic stock markets and a drop in international crude oil prices. These two factors helped ease pressure on the currency and brightened near-term market sentiment. What drove the rupee’s support? Foreign capital inflows: Increased investment from overseas pushed demand for … Read more

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Markets rally as indices push into new territory The benchmark equity index marked a fresh record, while the larger index moved closer to its own peak, driven by a mix of global and domestic flows. Investor sentiment brightened after a key central bank decision in the U.S., and steady foreign fund inflows added momentum to … Read more

Rupee to open higher on Fed rate cut bets, though staying power likely limited

Rupee to open higher on Fed rate cut bets, though staying power likely limited

Rupee fails to convert Asian support into sustained gains Through this week, the rupee has struggled to translate supportive Asian cues into lasting traction. While other regional currencies showed tentative strength, the rupee remained range-bound and repeatedly lost momentum after brief upticks. Why momentum stalled There are a few likely reasons the currency could not … Read more