Indian Rupee
Rupee ends lower, importer hedging demand outweighs softer dollar
The Indian rupee weakened on Thursday, pressured by dollar demand by importers, even as the greenback lingered near a four-month low against its major peers amid concerns about a slowdown in the U.S. economy.
Rupee ends little changed, wedged between US tariff fears, RBI intervention
The Indian rupee ended little changed on Thursday, caught between weakness in Asian currencies due to U.S. tariff-related uncertainties, and prompt, aggressive intervention by the central bank.
Rupee logs biggest 1-day rise in a month to hit 86.95/$
Likely intervention by the Reserve Bank of India (RBI) also helped the currency gain Wednesday, traders said, as the equity indices snapped a 10-day losing streak to log the biggest gains in a month.
Rupee strengthens following RBI's firm defence of 87.40-87.50 territory
The Indian rupee appreciated against the US dollar, supported by broad-based interbank dollar sales and the Reserve Bank of India's defense of certain levels. The dollar index hovered near a three-month low, influenced by concerns over the US economy and new trade tariffs. The rupee has declined nearly 2% this year amid persistent outflows from local stocks.
Rupee slips to 87.12 despite fall in dollar index
Rupee forward premiums have dropped after the Reserve Bank of India (RBI) announced a raft of measures, including a dollar rupee buy-sell swap, to boost domestic liquidity, likely stoking dollar demand Thursday.
Rupee settles stronger at 87.37 as dollar weakens
The Indian rupee closed slightly stronger at 87.37 per US dollar, benefiting from a weaker dollar index. Traders expect RBI intervention if the currency nears 88/$1.
Rupee jumps as dollar weakness persists, logs best week in over 2 years
The Indian rupee ended stronger on Friday, posting its best weekly gain in over two years as the U.S. dollar declined sharply against major peers, which also helped lift the local unit's regional counterparts.
India seeks Rupee’s global reach, but no plan to replace US dollar: EAM S Jaishankar
External Affairs Minister Dr S Jaishankar, speaking in London, clarified that India has no policy to replace the US dollar as the global reserve currency. He emphasised that economic stability is the priority and that BRICS does not have a unified stance on de-dollarisation. His remarks come amid US President Donald Trump's threats of tariffs against BRICS nations. Jaishankar also highlighted India's push to internationalise the rupee in trade settlements. He noted that Trump's foreign policy shift towards multipolarity aligns with India's interests.
RBI’s policy shift and global trade tensions drive Indian Rupee's depreciation against the US dollar: UBI Report
The Reserve Bank of India's policy changes under Governor Sanjay Malhotra have led to a 1.8% depreciation of the Indian currency against the US Dollar in early 2025. Contributing factors include the trade war risks and changes in US trade policies under President Donald Trump.
Broad dollar weakness helps rupee post best day in over three weeks
The Indian rupee rose on Wednesday as a broadly weaker U.S. dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the U.S. and how trade tariffs may impact the world's largest economy.
ONGC unit buys clean energy firm PTC Energy for $106 mln
Oil and Natural Gas Corp's unit has acquired clean energy firm PTC Energy for 9.25 billion rupees to expand its renewable energy portfolio. PTC Energy, with 288 MW of wind generation capacity, helps ONGC progress towards its aim of achieving 10 GW renewable energy capacity by 2030.
Fed put bets fuel short squeeze hopes in Indian stocks: ICICI Securities
ICICI Securities observed that "the euphoria around President Trump’s victory appears to be fading," with the dollar index losing much of its gains since September 2024 and the Indian rupee strengthening. The brokerage also highlighted that "recent fiscal and monetary stimuli could pose upside risks to FY26 growth."
Rise in Asian peers helps rupee end higher even as US tariffs take effect
The Indian rupee closed slightly higher on Tuesday tracking a rise in Asian peers, while dollar demand from importers and foreign banks kept a lid on the local unit's gains.
India bond yields flat before US jobs data, 10-year yield crawls up
Indian government bond yields remained mostly flat, with the 10-year bond yield rising slightly as RBI did not include it in next week's bond purchase. Investors are awaiting U.S. economic data to assess the Federal Reserve's interest rate trajectory. The RBI plans significant bond purchases and liquidity measures to maintain banking system surplus.
India rupee tracks regional peers higher, focus stays on tariff news
The Indian rupee ended higher on Monday, tracking an uptick in regional peers at the start of a week in which the currency's moves will depend on the news flow regarding U.S. tariffs and economic data, and the local central bank's reaction.
Forex reserves jump to 2-month high with a $5-b weekly rise
India's foreign exchange reserves surged to a two-month high of $640.5 billion as of February 21, with an increase of nearly $5 billion in a week. The Reserve Bank of India's data showed foreign currency assets, the largest component of reserves, rising by $4.25 billion. This marks a recovery from the reserves' dip influenced by market sell-offs earlier.
India bond yields seen little changed with eyes on US data
Indian government bond yields are expected to remain largely unchanged on Friday as market participants await U.S. economic data. The data may influence the Federal Reserve's interest rate decisions. Local bond yields could see an increase due to the RBI's decision on bond purchases. Broad-based movement is likely next week after the U.S. jobs data release.
IIFL Finance to reissue 2028 dollar bonds: Report
India's IIFL Finance plans to raise up to $150 million by reissuing its 8.75% 2028 dollar-denominated bonds, two sources aware of the matter said on Tuesday.
Indian bonds consolidate as 10-year bond yield tops 6.75%
Indian government bond yields consolidated after the 10-year yield hit a six-week high, with cautious sentiment amid heavy debt supply. States sold bonds with higher cutoff yields, indicating weak demand. Traders expect states to raise around 1.35 trillion rupees by March-end, while demand for longer-duration bonds has eased due to uncertainty around RBI bond purchases.
Rupee closes at 87.20 vs US dollar; likely RBI intervention helped contain losses
The Indian rupee closed at 87.20/$1, recovering from an intraday low of 87.40/$1 due to RBI intervention. Asian currencies weakened as the U.S. dollar strengthened amid tariff uncertainties. Traders now await key U.S. economic data and Fed policy cues.
Sensex gives up early gains, falls over 300 points; Nifty below 22,300; HDFC Bank, Airtel top drags
Indian benchmark indices Sensex and Nifty opened higher for the second consecutive session driven by gains in key sectors like auto, financial, and metal stocks. The gains were influenced by US President Donald Trump's temporary tariff reprieve on automobile imports from Mexico and Canada.
Rupee falls for fifth straight month in February on outflows, hedging demand
The Indian rupee logged its fifth straight monthly fall in February, weighed down by foreign portfolio outflows and increased hedging in the onshore and the non-deliverable forward market.
Piramal Enterprises hit with nearly $172 million tax bill for pharma deal
Piramal Enterprises received a tax demand of nearly $172 million for the sale of its pharmaceutical business to Piramal Pharma in fiscal year 2021. Maharashtra's tax office claims the transfer is an itemized sale, not a slump sale. Piramal Enterprises plans to challenge the demand.
Rupee performed well compared to other global currencies due to strong forex reserves: Goyal
Union Commerce Minister Piyush Goyal announced that the Indian rupee has performed well due to strong foreign currency reserves. He also revealed plans for a skill development centre and a startup incubation hub at AURIC, enhancing employment and research opportunities. Additionally, 100-plus industrial hubs with plug-and-play infrastructure will be established nationwide.
Trump tariff threat: What it means for Indian stock market investors
Donald Trump's tariff threats have caused increased volatility in global markets, with India notably affected due to its higher tariff rates on U.S. goods. Key sectors like automobiles, pharmaceuticals, textiles, and steel face potential impacts. Seeking to mitigate risks, India is exploring tariff reductions and trade negotiations, aiming to establish a stronger economic partnership with the U.S.
Rupee slips on weak equities, importer dollar bids; tad higher on week
The Indian rupee weakened slightly on Friday, pressured by dollar demand from importers and weakness in local shares that have seen an exodus of foreign money over 2025.
Sensex falls over 200 pts, Nifty below 22,500; IT, banking stocks tumble
Indian benchmark indices opened lower on Friday, influenced by weakness in Asian markets and declines in IT and private banking stocks. This downturn follows two sessions of gains driven by the possibility of US tariff relaxation on Canadian and Mexican goods and the recent drop in oil prices. Investors await crucial US labor market data for further direction.
Rupee plunges to 87.24 vs dollar
The rupee was one of the weakest-performing Asian currencies, closing at 87.21/$1 compared to its previous close of 86.70/$1, despite central bank intervention that helped curb excessive losses, traders said.
Dollar, crude oil give Nifty bulls a double dose of relief. But for how long?
Indian stock markets are showing signs of recovery driven by a weakening US dollar and falling crude oil prices. The Sensex has gained around 1,000 points in two days, with broader markets rallying sharply on improved macroeconomic conditions, suggesting a potential reversal in FII outflows.
Market Wrap: D-Street ends flat as RIL gains offset IT losses; Sensex ends marginally lower, Nifty holds 22,500
Indian benchmark indices closed flat on Friday, after rising 2% over the last two sessions, with gains in heavyweight Reliance Industries offsetting declines in IT stocks, as market sentiments remained cautious with concerns over U.S. tariffs amid fluctuating trade policy that has rattled global financial markets.
Nifty sinks below 22,000, Sensex falls over 350 points, tracking global peers ahead of Trump's tariffs
Indian benchmark indices, Sensex and Nifty, fell on Tuesday, impacted by losses in Reliance Industries and IT stocks, following declines in Asian markets. This downturn was driven by Trump's reiterated commitment to impose 25% tariffs on Canada and Mexico and 10% on China, effective from 10:31 a.m. IST, leading to a cumulative 20% tariff on Chinese goods.
Market Wrap: Banks, energy stocks lift D-Street higher; Sensex adds 609 pts, Nifty tops 22,500
Stock Market Highlights: Indian benchmark indices closed in the green on Thursday for the second straight day, driven by domestic investors buying into oversold stocks, with financials advancing after the Reserve Bank of India announced a $21 billion liquidity infusion into the banking system, and energy stocks rallying on lower crude prices.
Sensex gains over 850 points, Nifty climbs above 22,300 as bulls fight back
Indian benchmark indices rebounded on Wednesday, boosted by gains in the IT and Auto sectors, after a significant losing streak. The Sensex surged 852 points, while Nifty 50 climbed 282 points. Strength was observed in stocks of Mahindra & Mahindra, Power Grid Corporation, and ICICI Bank amidst ongoing global trade tensions.
Geoff Dennis may tentatively rebuild positions in India amid growth prospects
Geoff Dennis, an independent emerging markets commentator, intends to cautiously rebuild positions in Indian equities, citing improved economic fundamentals and a stable currency outlook. Despite recent downturns, Dennis foresees potential for economic growth aided by monetary and fiscal measures, making India a viable investment destination.
ED raids in Rs 600 crore crypto conversion case
The Enforcement Directorate has frozen over Rs 2 crore in bank deposits after conducting multi-state searches on an individual accused of converting approximately Rs 600 crore worth of cryptocurrency through various Indian exchanges. The accused, Chirag Tomar, had previously been sentenced in the US for a cryptocurrency scam.
Rupee logs worst day in 3 weeks on tariff fears, expiry-related dollar demand
The Indian rupee logged its worst day in three weeks on Tuesday, weighed down by weakness in regional peers, importer hedging and dollar demand related to the expiry of non-deliverable forward contracts.
Rupee logs worst day in 3 weeks on tariff fears, expiry-related dollar demand
The Indian rupee logged its worst day in three weeks on Tuesday, weighed down by weakness in regional peers, importer hedging and dollar demand related to the expiry of non-deliverable forward contracts.
Nifty logs worst losing streak in 5 years, Sensex slips 112 pts as D-Street slump deepens
Stock Market Crash Highlights: Nifty closed below 22,120 on Monday, extending its losing streak to nine consecutive sessions—its longest daily losing stretch since 2019—amid persistent global trade concerns that weighed on investor sentiment.
Ex-SoftBank biggie looks to bet big on Shapoorji Group
Rajeev Misra, former SoftBank executive, is planning a significant investment in the Shapoorji Pallonji Group through his venture One Investment Management and a consortium of global funds. The funds will help refinance the group's high-cost debt, leveraging their stake in Tata Sons.
Rupee little changed as oil firms' dollar bids counter rise in Asia FX
The Indian rupee ended little changed on Monday, in contrast to the gains in its regional peers, as dollar demand from oil companies weighed.
Sensex gains over 100 points, Nifty surpasses 22,550, financials lead amid mixed global cues
Among the top gainers from the Sensex pack, Bajaj Finance, IndusInd Bank, Bajaj Finserv, Tata Steel, and HDFC Bank rose by up to 2%. On the other hand, UltraTech Cement, Kotak Bank, Power Grid, and NTPC opened in the red. Sector-wise, the Nifty Bank and Financial Services indices gained 0.45% and 0.65%, respectively.
India non-bank lender IIFL Finance may see a drop in annual earnings, Fitch says
Indian non-bank lender IIFL Finance will likely see its annual earnings fall from a year earlier due to reduced net interest margins and higher credit costs, Fitch Ratings said on Monday.
Sensex gains over 300 points, defying global trends; Nifty back above 22,600
Indian stock indices Sensex and Nifty rose despite negative global cues, supported by gains in ICICI Bank, M&M, and Zomato. Asian markets fell due to concerns about US tariffs on Chinese investments. FIIs continued selling Indian equities, while DIIs kept buying. Crude oil prices went up following US sanctions on Iran. The Indian rupee weakened against the US dollar.
India's Feb gold imports to hit 20-year low on record high prices, sources say
India's gold imports in February are expected to plummet by 85% from a year ago, reaching the lowest level in 20 years due to record-high gold prices. The sharp decline in demand is significant even during the wedding season, typically a peak period for gold purchases.
Rupee dips as Asian currencies shed gains, importers' dollar demand weighs
The Indian rupee ended marginally weaker on Monday tracking Asian currencies that shed most of their early gains while dollar demand from importers and foreign banks also weighed.
Bank stock gains offset auto losses as Sensex, Nifty end flat on monthly expiry
Indian benchmark indices Sensex and Nifty ended flat on Thursday. The Nifty traded within a narrow 100-point range as caution prevailed among investors on the monthly expiry of Nifty 50's derivatives contracts. Broader sentiment remained subdued and directionless amid mixed global cues.
Rupee to gauge fresh round of tariff threats, cautious Fed outlook
The Indian rupee is expected to open steady on Thursday as traders evaluate new U.S. tariff threats and a cautious Federal Reserve rate outlook. The forecasted rate of 86.94-86.95 to the U.S. dollar remains unchanged. Trump's auto tariff announcement and its impact on inflation are key concerns, along with ongoing foreign investor outflows.
FPIs withdraw Rs 23,710 cr from equities in Feb; total outflow at Rs 1 lakh cr in 2025
Foreign investors have pulled out over Rs 23,710 crore from the Indian equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions. Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that revival of FPI investment in India will happen when economic growth and corporate earnings revive. Indications of that are likely to happen in two to three months.
Sensex breaks 5-day losing run, rises 148 pts, Nifty dips below 22,550 as financials, auto offset metal losses
Stock Market Highlights: Sensex broke its 5-day losing run to close marginally higher on Tuesday while the Nifty ended a tad lower, as gains in heavyweight financial and auto stocks offset losses in metals, with lingering global uncertainty over U.S. tariffs keeping a cap on gains.
Rupee ends at one-week high on likely inflows, tops Asian peers
The Indian rupee topped gains among major Asian currencies and settled at a one-week high on Thursday, aided by dollar sales from foreign banks and softness in the greenback.
RBI sold a net $35 billion in November and December to curb forex volatility
The Reserve Bank of India sold $35.4 billion worth of foreign currencies in November and December to curb excessive volatility in the rupee amid heightened dollar outflows following Donald Trump's US presidential election victory. As a result, India's forex reserves dropped to $631 billion by January's end, providing a 10-month import cover.
Rupee ticks up but gains capped by importer dollar bids, tepid equities
The Indian rupee slightly appreciated on Monday, primarily aided by the strength of other regional currencies, although its rise was curbed by importers' dollar demands and potential equity outflows. The rupee's 1-month implied volatility decreased, while Asian currencies benefited from a weaker dollar due to falling US retail sales and delayed trade tariffs.
EM investors would slowly look to rebuild positions in India, be sceptical about China: Geoff Dennis
Emerging markets commentator Geoff Dennis believes a strengthening dollar won't heavily impact the rupee and suggests rebuilding positions in India. He remains cautious about emerging markets in general, particularly China, which he views skeptically due to economic pressures. The article highlights the influence of tariffs and bond yields on market performance.
Rupee rises 14 paise to 86.50 against US dollar in early trade
Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 106.41.
Myanmar seeks to expand investment, trade ties with India
Myanmar aims to enhance trade and investment relations with India, looking to export rare earth minerals to diversify from China. India is Myanmar's fourth largest trading partner, with recent business visits highlighting collaboration opportunities. In December 2024, a Geological Survey of India delegation met with Myanmar's natural resources ministry to discuss mining sector partnerships.
Silver price can rally beyond Rs 117,000. 5 factors that could support rally
Silver is expected to reach ₹1,17,000 in 12 months, driven by strong momentum despite a 41% surge since December 2022. Samco Securities highlights silver’s greed phase, lasting until April 2025, historically yielding higher returns than its fear phase.
Rupee ends lower as NDF maturity spurs dollar bids, Asian peers decline
The Indian rupee settled weaker on Tuesday, pressured by dollar demand spurred by the maturity of positions in the non-deliverable forwards (NDF) market and a decline in most of its regional peers.
Banks, auto stocks drag D-Street lower; Sensex down 423 pts, Nifty below 22,800
Stock Market Highlights: Indian benchmark indices ended in the red on Friday, extending their losing streak to a third consecutive week. The decline was driven by losses in heavyweight financial and automobile stocks, while lingering concerns over U.S. tariffs continued to dampen investor sentiment.
Sensex, Nifty trade on lackluster note amid tariff fears
India's benchmark indices opened lower on Friday amid concerns over potential reciprocal US tariffs and persistent foreign selling. Nifty Auto, FMCG, and Pharma sectors saw declines, while broader markets outperformed with gains in Nifty Smallcap 100 and Nifty Midcap 100. Experts suggest caution but indicate potential in midcaps unaffected by foreign selling.
Look for opportunities to buy dollar & get into safer investments: Chidu Narayanan
Chidu Narayanan of Wells Fargo highlights the resilience of global markets despite policy and tariff uncertainties under Trump's second term. He notes the US dollar's relative strength and potential opportunities for trading, especially considering weaker Asian currencies. He also predicts continued vulnerability in emerging markets with a slight rotation out of India into China due to monetary policy support.
Heavy RBI intervention helps rupee log best week in 19 months
The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against the currency at bay.
High frequency indicators point at sequential pickup in economic activity: RBI bulletin
High frequency indicators point to a sequential pickup in economic activity for H2:2024-25, with strong rural and urban demand bolstered by agriculture performance and income tax relief. However, a strong US dollar and global uncertainties could pose challenges for emerging economies, including India.
Banks drag D-Street lower amid tariff threats; Sensex down 203 pts, Nifty below 22,950
Stock Market Highlights: Indian benchmark indices ended in the red on Thursday, dragged down by losses in heavyweight banks and automaker Maruti Suzuki while uncertainty over U.S. tariff measures continued to weigh on investor sentiment.
Sensex falls over 400 pts, Nifty below 22,900; auto, bank stocks tumble
Indian benchmark indices began Thursday's trading session with losses, reflecting weakness in other Asian markets. Investor sentiment was dampened by uncertainty over US tariff measures and concerns about their impact on inflation. Major stocks such as Mahindra & Mahindra and ITC led the decline, while the metals index stayed positive.
GIFT Nifty up 5 points; here's the trading setup for today's session
Giving his take on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the Nifty closed significantly higher from the day’s low, driven by buying interest at the lower end of the range. However, sentiment remains weak, he said, adding that the heartbeat index failed to reclaim the key Fibonacci retracement level.
Sensex falls 400 pts, Nifty below 22,900 as weak earnings & FII selloff dampens market mood
Equity indices fell on Tuesday, with BSE Sensex and Nifty dropping due to weak earnings and continuous foreign selling. Banking, auto, and energy stocks led the decline. Tech Mahindra and Sun Pharma saw gains, while ABB India surged over 4% following impressive Q4 results.
D-Street ends flat as IT gains offset consumer stock losses; Sensex dips 29 points, Nifty below 22,950
Indian benchmark indices closed nearly flat, with declines in consumer stocks balancing gains in IT shares. Financials fell, but IT stocks, led by Persistent Systems, offered some support. The Sensex and Nifty ended slightly lower amid weak corporate earnings, foreign outflows, and global trade concerns. Small and mid-cap stocks saw declines due to valuation worries.
FPIs withdraw Rs 21,272 cr from equities in Feb; total outflow nears Rs 1 lakh cr in 2025
The exodus of FPIs from the Indian equity markets continues as they pulled out Rs 21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports.
Rupee sticks to losing run on mounting tariff worries, persistent investor outflows
The Indian rupee weakened to its all-time low on Monday in the wake of U.S. President Donald Trump announcing fresh tariff plans, which drove regional currencies lower, while persistent portfolio outflows remained a sore point for the local unit.
Rupee gives up gains to end at 86.89 against $
The currency rose to a two-week high of 86.47 in early hours of trading. The Reserve Bank of India likely intervened in the NDF segment, before the spot market opened, driving the rupee to open stronger than expected at 86.457/$1, traders said.
What's behind the unabated rise of US dollar, and will it inflict more pain on Indian markets?
The US dollar has seen significant growth, hitting two-year highs and impacting emerging markets, particularly the Indian rupee, which is reaching record lows. Key factors include aggressive US tariff policies and a robust US economy. As foreign investors seek safety in dollar-denominated assets, substantial capital outflows from Indian equity markets are expected to continue.
RBI’s forex reserves sale highest among Asian peers
Foreign exchange reserves peaked in September 2024 and the RBI is estimated to have sold $111.2 billion, or around 18% of foreign exchange reserves since then, according to Nomura. The RBI is also believed to have significantly intervened on February 10 and 11 to reverse one-sided depreciation in the currency, and is estimated to have sold over $10 billion, according to DBS Bank.
RIL, M&M drag Sensex over 500 points lower; Nifty below 23,800
Indian benchmark indices were down for the ninth consecutive session, with the BSE Sensex dropping 299 points and the Nifty50 declining 74 points. Key index players like Reliance Industries and Infosys weighed the market, while sectors like Auto and IT also saw declines. Noteworthy losses were reported by Rail Vikas Nigam Ltd and Easy Trip Planners.
D-Street breaks 8-day losing run, Sensex ends marginally higher, Nifty above 22,950 as RIL, banks lead late rebound
Indian benchmark indices ended an 8-day losing streak with a marginal rise, driven by financials and Reliance Industries. Finance Minister Nirmala Sitharaman reassured investors in the face of global trade uncertainty and foreign outflows, stating India continues to deliver strong returns. Moderate Q3 earnings and a bearish overall sentiment remain obstacles.
RBI props up rupee to its biggest gain since Nov ’22
The Indian rupee strengthened by 64 paisa to 83.83 against the US dollar, marking its largest single-day gain since November 2022 due to significant intervention by the Reserve Bank of India. This move caused speculative dollar selling and stop losses for those expecting further depreciation.
Gold delivered higher returns than American and Indian stock markets in last 25 years: Report
Gold has emerged as a strong performer in terms of returns since 2000, surpassing major stock market indices such as the S&P 500 and Nifty 50 over the last 25 years, according to a report by Aequitas.
Rupee extends intervention-spurred gains, hits near two-week high
The Indian rupee hit a near two-week high on Wednesday following a significant intervention by the Reserve Bank of India, forcing the liquidation of bearish positions. The DBS Bank anticipates the rupee to weaken by mid-2025 due to the dollar's safe-haven appeal amidst U.S. trade tariffs and delayed Federal Reserve rate cuts.
Rupee's two-day RBI-driven surge peters out despite rally in regional peers
The Indian rupee ended little changed on Thursday, wedged between gains in regional peers and importers' dollar demand, in a week when volatility has risen due to the central bank's heavy interventions in the foreign exchange market.
Rupee rises 8 paise to 86.85 against US dollar in early trade
The rupee appreciated 8 paise to 86.85 against the US dollar, influenced by a retreat in the American currency and positive trends in domestic equity markets. However, foreign fund withdrawal and high crude oil prices continued to pressure the rupee. Severe volatility has characterized the past few months due to global macroeconomic uncertainties.
Rupee weakens slightly as NDF maturity, corporate hedging spur dollar bids
The Indian rupee gave up initial gains to settle marginally weaker on Wednesday, as hedging interest from importers and the maturity of positions in the non-deliverable forwards market boosted demand for the dollar.
5 strategies that can help investors in this falling market
The Indian equity market has seen a significant downturn since its peak in September 2024 due to FII outflows, rising US yields, and a strengthening dollar. Coupled with India’s slowing economic growth, investor sentiment has weakened, prompting strategies for diversification and cautious investment re-entry.
F&O Talk| Nifty poised for potential reversal after longest losing streak, 22700-22650 crucial support: Sudeep Shah of SBI Securities
The real estate sector faced significant losses due to dimming hopes of interest rate cuts, while broader markets witnessed declines in Nifty Midcap and Small Cap indices by 7.38% and 9.41%, respectively. Analysts suggest cautious trading with a focus on banking stocks for stability and emphasize the importance of managing risk in a volatile market.
Cricket: India's best audition for World Cup slots in WPL 2025
The 2025 Women's Premier League (WPL) begins in Vadodara, marking an expanded edition featuring five teams. The league has significantly bridged the gap between domestic and international cricket for Indian players, with many securing national call-ups through standout performances. Financial stability for domestic players and valuable experience from playing alongside international talents are highlighted benefits.
Cricket: India's best audition for World Cup slots in WPL 2025
The 2025 Women's Premier League (WPL) begins in Vadodara with defending champions RCB facing Gujarat Giants. The tournament will be held in a home-and-away format this year, providing a platform for India's emerging cricket talents and serving as an audition for the upcoming women's ODI World Cup.
Govt will continue taking measures to ensure inflation doesn't hurt citizens: Sitharaman
Finance Minister Nirmala Sitharaman assured that the government is taking steps to manage inflation and support citizens. She highlighted that the retail inflation rate is moving towards the 4% target. The Budget aims to accelerate growth, ensure inclusive development, and boost private sector investments. Despite challenges, the government remains committed to keeping price increases manageable for ordinary citizens.
Gold's lighting run rains on India's wedding season, China offers discounts
Gold prices have soared to record highs, negatively impacting jewellery sales in India during the wedding season. Jewellers in India and China offer significant discounts to lure buyers, but demand remains weak due to high prices, affecting both markets significantly.
Fall in INR is making Indian real estate an attractive investment for NRIs
The depreciation of the Indian Rupee has prompted NRIs to invest in Indian real estate benefiting from favorable exchange rates. This strategic move is driven by lower property costs, long-term capital appreciation prospects, government incentives, and low lending rates, making the investment highly attractive.
Pharma stocks lead D-St sell-off; Sensex sheds 200 pts, Nifty below 23,000
Stock Market Highlights: Indian benchmark indices extended their losses on Friday, with all 13 major sectors ending in the red, as investors worried about the impact of U.S. President Donald Trump's proposed reciprocal tariffs. Pharma stocks, heavily reliant on U.S. revenue, faced the sharpest declines.
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could deter heavy speculative positioning against the currency in the near term.
Rupee climbs almost 1%, marking its strongest rally in over 2 years on likely RBI intervention
The Indian rupee surged nearly 1%, marking its biggest jump since November 2022, driven by strong intervention from the central bank. Leveraging its reserves, the RBI sold USD 2–3 billion to stabilize the currency amid global economic disruptions and high tariffs, reinforcing market confidence.
Latest US sanctions on Russia throw global oil trade into disarray, India scrambles
Tightened U.S. sanctions on Russian oil have disrupted trade with China and India, increasing demand for Middle Eastern and African crudes, and causing oil prices to rise. These sanctions have left millions of barrels of Russian oil floating on ships, forcing traders to find alternative sources and driving up shipping costs.
Trade tariff worries push rupee to record low, RBI steps in to cap losses
The Indian rupee hit a record low of 87.95 per U.S. dollar on Monday due to fears of new U.S. trade tariffs. The Reserve Bank of India likely intervened by selling dollars to prevent the rupee from falling further. President Trump announced plans to introduce 25% tariffs on steel and aluminium imports, impacting Asian currencies.
D-Street ends marginally lower as global concerns offset cooling inflation; Sensex dips 32 pts, Nifty holds 23,000
Indian benchmark indices closed nearly unchanged on Thursday, fluctuating between modest gains and flat territory as investors weighed easing domestic inflation against concerns over a hotter-than-expected U.S. inflation reading and escalating trade tensions, which kept gains in check.
Various global, domestic factors influenced value of rupee against US dollar: FM Sitharaman
India's Finance Minister Nirmala Sitharaman attributed the recent weakening of the rupee against the US dollar to a combination of global and domestic factors, including the dollar index, capital flows, and interest rate trends. The rupee depreciated 3.3% between October 2024 and January 2025, a smaller decline compared to other Asian currencies like the South Korean Won (8.1%) and Indonesian Rupiah (6.9%).
Sitharaman on same page with Raghuram Rajan over rupee fall debate?
Finance Minister Nirmala Sitharaman discussed the causes behind the rupee's fall, citing former RBI Governor Raghuram Rajan on the strengthening dollar. She also covered inflation management, jobs, and debt consolidation efforts. The goals of the Budget include accelerating growth, boosting private investment, promoting MSMEs, and development led by employment.
Stock market crash: D-Street investors lose nearly Rs 10 lakh crore as Sensex plunges over 1,000 points
Indian equity indices Sensex and Nifty continued their losing streak for the fifth consecutive session, driven down by private bank and auto stocks amid weak global sentiment. The market capitalization of BSE-listed companies fell by Rs 9.68 lakh crore, with the broader markets experiencing deeper losses.
Rupee slips to yet another low of 87.95 a dollar
The rupee weakened to an all-time low of 87.95 a dollar in the early hours on Monday, but managed to pare most of its losses due to strong intervention by the Reserve Bank of India (RBI).
Rupee weakens to fresh low of 87.577 against US dollar
The Indian rupee weakened to an all-time low of 87.582 per dollar on persistent dollar demand and large-scale sales of local stocks by overseas investors. The currency faced additional pressure ahead of the monetary policy decision, with the Reserve Bank of India’s intervention only offering limited relief.
Why stock market fell today: Key factors behind today's decline; Sensex ends 548 pts lower, Nifty below 23,400
Stock Market crash: Benchmark indices fell sharply on Monday, as investor sentiment was dampened by U.S. President Trump's threats of new tariffs on steel and aluminum imports. Persistent foreign investor selling and the rupee hitting a record low further contributed to the market decline.
