Bears rip ₹8.75 trillion of investor wealth
Foreign portfolio investors (FPI) dumped local stocks for a fourth straight day on Friday, causing the bellwether Nifty 50 and Sensex indices to log their biggest weekly fall in 30…
INR vs USD: Rupee hits record low, slips past 85 per dollar as US Fed signals lower rate cuts in 2025
The Indian rupee fell to a record low, slipping past 85 to the US dollar for the first time on Thursday, after the Federal Reserve signalled fewer rate cuts next…
Sensex, Nifty down 1.3% as weak rupee spark FPI selling
Foreign portfolio investors (FPI) dumped stocks on Tuesday as the rupee touched a new life low, a day after shock data on India’s trade deficit in November. The market fall,…
Rupee hits record low as appointment of new RBI Governor spurs repo rate cut bets
Indian rupee weakened to a record low on Tuesday as the appointment of the new Reserve Bank of India (RBI) Governor increased expectations of interest rate cuts next year. The…
Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar
Mumbai, The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 against the US dollar in a range-bound trade…
Rupee hits all-time low; TCS, Infosys, HCL Tech among stocks to benefit from weak currency, say experts
The declining value of the rupee against the US dollar presents a mixed impact on various industries. Some sectors are facing challenges, while others, particularly software exporters, are optimistic about…
Indian cenbank’s ballooning NDF position suggests more rupee losses, bankers say
MUMBAI, Dec 2 (Reuters) – The surge in the Indian central bank’s position in the non-deliverable forward market (NDF) reflects the extent of pressure on the rupee and suggests that…
Gold prices rebound, rise over ₹1,600 in two days: Is there still a buying opportunity?
After experiencing a sharp correction following Donald Trump’s election victory, gold prices are beginning to show signs of recovery. Over the last two trading sessions, gold prices have surged by…