Indian benchmark equity indices, Sensex and Nifty, witnessed a significant decline in early trade, ending a three-day rally, as heavy selling in IT stocks, particularly HCL Tech, and escalating geopolitical tensions in West Asia dampened investor sentiment. Photograph: Shailesh Andrade/Reuters
The Indian rupee experienced significant volatility, closing 32 paise lower at 92.83 against the US dollar, as escalating US-Iran tensions and a crucial RBI deadline for banks to curb overnight positions weighed heavily on the forex market. Illustration: Dominic Xavier/Rediff
The Indian rupee experienced a notable surge following President Trump’s decision to suspend military action against Iran and the RBI’s steady interest rate policy, signaling improved market confidence and easing geopolitical tensions. Photograph: Francis Mascarenhas/Reuters Key Points The Indian rupee
The Indian rupee weakened against the US dollar as investors brace for the RBI’s monetary policy decision and monitor escalating tensions surrounding the Strait of Hormuz. Illustration: Dominic Xavier/Rediff Key Points The Indian rupee depreciated due to investor concerns over
Indian stock markets experienced a strong rebound, with Sensex and Nifty surging as crude oil prices eased amid ceasefire hopes and a rally in bank stocks. Photograph: Shailesh Andrade/Reuters Sensex and Nifty50 Rally: Key Highlights from Today’s Market Sensex and
Indian stock markets are set for a volatile week as investors keenly await the Reserve Bank of India’s monetary policy decision, navigate global macroeconomic data, and monitor the evolving geopolitical landscape in West Asia. Illustration: Dominic Xavier/Rediff Key Points The
The Indian rupee experienced a dramatic surge following the Reserve Bank of India’s intervention in the forex market, but ongoing global economic pressures continue to pose challenges for the currency’s stability. Photograph: Francis Mascarenhas/Reuters Key Points The Indian rupee saw
The Indian rupee crashed to a historic low against the US dollar as rising oil prices, geopolitical tensions, and foreign investment outflows create a perfect storm in the currency market. Illustration: Dominic Xavier/Rediff Key Points The Indian rupee fell to
Indian stock markets experienced a significant rebound, with Sensex and Nifty surging, as tensions between the US and Iran appeared to ease, offering investors a respite after recent volatility. Photograph: Amit Dave/Reuters Sensex and Nifty50 Rally: Key Highlights from Today’s
A total of 3,798 stocks declined while 635 advanced and 123 remained unchanged on the BSE. Illustration: Dominic Xavier/Rediff Key Points Since the conflict began, the BSE benchmark Sensex has tumbled 8,590.8 points. Mcap of BSE-listed companies eroded by Rs 48.29
