Markets slip after early rally as foreign fund outflows hit blue chip stocks

Markets slip after early rally as foreign fund outflows hit blue chip stocks

Sensex-wide weakness highlights a few clear laggards Markets slipped and several large-cap names underperformed the broader index. Among the 30 Sensex constituents, Larsen & Toubro, HCL Technologies, Reliance Industries, Bharti Airtel, Tata Consultancy Services and Tata Steel emerged as the biggest laggards on the day. What this underperformance signals When heavyweight stocks trail the index, … Read more

Indian rupee slips five paise to ninety point twenty two against US dollar

Indian rupee slips five paise to ninety point twenty two against US dollar

Why the dollar is strengthening now Recent geopolitical tension and growing uncertainty in global trade have pushed investors toward safer assets, and the US dollar has been one of the main beneficiaries. When uncertainty rises—because of conflict, sanctions, or supply-chain disruption—businesses and investors often move funds into perceived safe-haven currencies and assets. That flight to … Read more