Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

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

Stock markets trade lower in early deals amid relentless foreign fund outflows

Stock markets trade lower in early deals amid relentless foreign fund outflows

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

Sensex tanks nearly 504 points and Nifty slips to 26,032 points

Sensex tanks nearly 504 points and Nifty slips to 26,032 points

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 falls 8 paise to close at 89.53 against U.S. dollar

Rupee falls 8 paise to close at 89.53 against U.S. dollar

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

FPIs resume selling in November; withdraw ₹3,765 crore from equities

FPIs resume selling in November; withdraw ₹3,765 crore from equities

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