Why the rupee is feeling the heat The Indian rupee has come under renewed pressure as several factors converge. Selling by foreign investors, a jump in global crude oil prices and delays in the announcement of an India‑U.S. trade deal have all weighed on the currency. Together, these forces are nudging the rupee lower against … Read more
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
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
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
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
Benchmark indices end slightly lower Indian markets closed mixed, with the benchmark indices slipping modestly as traders adopted a cautious stance. The 30-share Sensex fell 31.46 points (0.04%) to settle at 85,106.81, while the 50-share Nifty slipped 46.20 points (0.18%) to close at 25,986. Market snapshot Sensex close: 85,106.81 (down 31.46 points, -0.04%) Nifty close: … Read more
Rupee slips as trade-deal uncertainty and muted RBI action weigh Foreign exchange traders say the Indian rupee is coming under renewed pressure as doubts over an India‑U.S. trade agreement persist and the central bank appears reluctant to step in to halt the slide. The combination has left the local currency more vulnerable to market moves. … Read more
The Indian rupee slipped to a record intra-day low of 90.15 against the US dollar before recovering some ground to trade around 90.02. The move highlights renewed volatility in currency markets and raises fresh questions for businesses and investors tracking exchange-rate risk. What happened in the market Early trading saw the rupee weaken sharply, briefly … Read more
Domestic indices slip as foreign funds stay on the sidelines Benchmark equity indices fell for the fourth straight session as persistent foreign fund outflows and investor profit-taking weighed on sentiment. The sustained selling pressure erased recent gains and left markets looking cautious in the near term. Why markets turned lower Foreign fund outflows: Overseas investors … 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