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
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
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
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
Why the rupee is staying weak Forex traders point to three clear reasons for the rupee’s sustained weakness: a widening trade deficit, delays in an India‑U.S. trade deal, and only limited intervention from the central bank. Together, these factors are keeping downward pressure on the currency and shaping market sentiment. Key drivers Widening trade deficit: … Read more
Markets Hit Fresh Records After 14-Month Pause The benchmarks made a strong comeback on November 27, with Nifty and Sensex closing at new highs after a 14-month wait. The rise reflects a mix of healthier corporate profits and growing optimism about the rest of the financial year. What Powered the Rally Improved Q2 corporate earnings … Read more
The Indian rupee opened at 89.41 and touched an intra-day low of 89.49 against the U.S. dollar in the interbank foreign exchange market. The modest movement reflects ongoing sensitivity to global and domestic drivers that influence currency flows. Market snapshot Trading started with the rupee at 89.41 and slipped slightly to 89.49 during the session. … Read more
The benchmark 30-share BSE Sensex cooled off after two days of gains, slipping 13.71 points — a decline of just 0.02% — to close at 85,706.67. The small pullback ended the recent short-lived rally and left markets in a cautious mood. Market snapshot The fall was marginal in percentage terms, but it interrupted the positive … Read more
Sensex opens higher in early trade The BSE benchmark opened the day on a positive note, climbing 103.96 points to reach 85,824.34 in early trade — a rise of roughly 0.12% from the previous close. Market snapshot Early buying interest nudged the index higher, with traders showing caution as the session began. Movements were modest, … Read more