Indian Rupee
Rupee gains on exporters' dollar sales, holds on to key support level
The Indian rupee ended higher on Thursday as speculators failed to take the unit below a well-recognised support level, with dollar sales by exporters also helping.
Rupee fleetingly hits 2025 high on equity inflows, soft dollar
The rupee is experiencing a volatile session, influenced by escalating India-Pakistan tensions, a softer U.S. dollar, and foreign bank inflows.
Sharp swings in rupee due to rising border tensions
The Indian rupee experienced significant volatility, fluctuating between 84.95/$1 and 85.38/$1, ultimately closing at 85.26/$1. Geopolitical tensions between India and Pakistan, coupled with importer dollar demand near 85 levels and likely RBI intervention, influenced the rupee's movement. Regional currencies strengthened amid hopes of easing global trade tensions, while the rupee's one-month implied volatility surged to its highest since March 2023.
Rupee closes at 85.45/$1, 19 paisa weaker amid border tensions
The Indian rupee closed 19 paise weaker on Friday at 85.45 per dollar as investors stayed cautious of the escalating border tensions between India and Pakistan, traders said.
Weakness in yuan, Asian peers weighs on rupee
The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan, but potential portfolio inflows into local shares helped the currency avoid further losses.
Rupee logs worst day in 2 weeks on dollar strength, position unwinding
The Indian rupee logged its steepest fall in two weeks, pressured by a recovery in the U.S. dollar index and as traders unwound long positions on the local unit after it failed to climb above a key level.
Rupee drops; attempt to move past 85/USD blocked by Kashmir attack jitters
The Indian rupee weakened, failing to breach the 85 mark against the dollar amid a sell-off in Indian equities and bonds. Investor concerns grew following a deadly militant attack, with the Nifty 50 Index underperforming other Asian markets. Escalating tensions between India and Pakistan, including water treaty suspensions and airspace closures, further impacted market sentiment.
Rupee sees sharp swings, closes at 85.26/dollar
This was the second consecutive day the rupee appreciated past the 85 levels, but could not sustain there due to likely intervention by the Reserve Bank of India. RBI also likely intervened around the weaker 85.38/$1 levels by selling dollars, traders said.
Rupee dips the most in 2 weeks against dollar
The Indian rupee fell 24 paisa to 85.42 per dollar on Wednesday, pressured by a strong dollar index and position unwinding after failing to breach 85/$1.
Rupee jumps, hedging costs slide as dollar keeps taking punches
The Indian rupee gained strength as the dollar faced pressure. This was due to concerns about the independence of the Federal Reserve. President Trump's criticism of Chair Jerome Powell fueled these worries. Other Asian currencies also saw gains. The dollar index hit a multi-year low. Investors are watching closely for any further moves affecting the Federal Reserve.
Buoyant equities help boost rupee, technical resistance limits gains
The Indian rupee logged its best day in more than two weeks on Monday, aided by likely portfolio inflows into local equities while a key technical resistance near its year-to-date peak limited the currency's rally.
Shoppers Stop Q4 Results: Profit plummets over 91% on muted demand
Indian departmental store chain Shoppers Stop on Tuesday posted a more than 91% decline in fourth-quarter profit, as consumers dealing with high cost of living in urban centers cut back on discretionary spending.
Rupee falls amid rising tensions with Pakistan after Kashmir attack
The Indian rupee ended weaker in a volatile session on Friday as investors stayed cautious amid fears of an escalation in tensions with Pakistan after a militant attack in Kashmir earlier this week.
Inflows lift rupee, but traders reckon tariff volatility may persist
The Indian rupee rose on Tuesday, diverging from most Asian peers, aided by likely dollar inflows into local stocks, although traders said volatility is likely to persist until there is clarity on U.S. tariffs.
Home care startup app Urban Company files draft papers for $223 million IPO
Urban Company, backed by Tiger Global, has filed for an IPO of 19 billion rupees. The online service aggregator will raise funds by issuing new shares. Existing investors plan to sell their stock. The company intends to use the funds to develop its technology. It will also use the funds for office leases and marketing.
India's forex, interest rate traders turn cautious after Kashmir attack
Following a deadly militant attack in Kashmir, India's financial markets are experiencing unease. The rupee weakened, bond yields climbed to 6.36%, and interest rate swaps hardened as traders grew cautious. New Delhi's response, including suspending a river treaty and closing a land crossing with Pakistan, fuels uncertainty.
Canara HSBC Life Insurance Company files IPO papers
Canara HSBC Life Insurance Company has filed for an IPO, with existing shareholders Canara Bank, HSBC Insurance, and Punjab National Bank planning to sell their stakes. The company, managing over 400 billion rupees in assets, reported a profit increase in fiscal year 2024, despite a slight revenue dip.
Rupee briefly breaches 85/$1 on strong equity inflows; RBI steps in
rupee breaches 85 level: The rupee crossed 85/$1 intraday on strong foreign inflows before closing at 85.03. RBI likely intervened to curb sharp appreciation amid positive equity momentum.
Tata Group-owned Trent's adjusted Q4 profit doubles on firm sales, margins
Trent’s Q4 adjusted profit more than doubled to Rs 3.18 billion, driven by strong sales, improved margins, and Gen-Z-focused fashion. Revenue rose 28%, and over 200 new Zudio stores fueled growth. Its stock surged, reflecting sustained momentum and outperformance versus domestic rivals.
Dr Lal Path Labs Q4 Results: Co beats quarterly profit view on medical testing boom
Dr Lal Path Labs, India's largest diagnostics firm by revenue, reported fourth-quarter profit above expectations on Friday as strong demand for its bundled test packages lifted growth amid rising health awareness in the country.
Is this bucking a trend?
The article examines the ongoing decline of the US dollar and its potential implications for India, considering whether this decline is a deliberate strategy aligned with the Trump administration's economic goals.
Rupee could be much stronger by year-end: Nomura
Nomura expects the Indian rupee to strengthen to 84/$1 by December 2025, driven by a weaker dollar index, foreign inflows, easing inflation, and RBI reserve accumulation. Improved investor sentiment and India's EM appeal support this outlook.
Jewellery market to witness 'mixed trend' on Akshaya Tritiya, expect biz of Rs 16,000 cr: CAIT
India's jewellery market anticipates a mixed trend for Akshaya Tritiya due to soaring gold and silver prices, with gold reaching ?1 lakh per 10 grams. Despite the high costs, a business of ?16,000 crore is projected, driven by the ongoing wedding season and jewellers' attractive offers. Customers are advised to buy BIS hallmarked jewellery from trusted sources.
India's Shriram Finance mulling yen-denominated fundraise to diversify borrowing, CEO says
Indian non-banking finance company Shriram Finance is mulling raising funds denominated in Japanese yen to diversify its borrowing profile, with talks still in preliminary stages, its CEO said on Monday.
Orient Electric Q4 Results: Posts quarterly profit rise on strong demand
Home appliances maker Orient Electric posted an over two-fold rise in fourth-quarter profit on Friday, helped by strong demand for its fans and air coolers with the onset of summer.
Tata Communications Q4 Results: Profit rises 15% to Rs 336 crore on data services demand
India's Tata Communications reported a 15% rise in its fourth-quarter profit on Tuesday, helped by higher demand for its data services.
Sliding dollar helps rupee extend winning streak; forward premiums fall
The Indian rupee extended its winning streak on Monday as the dollar remained on the defensive, with investor confidence in U.S. assets dented by President Donald Trump's criticism of the Federal Reserve chief.
What is keeping gold prices near lifetime highs?
Gold prices are near lifetime highs. Global investors are retreating from US assets, causing the dollar to fall. President Trump pressured the Federal Reserve for rate cuts. Trade tensions and geopolitical uncertainties increased demand for gold. Tariffs imposed by the US and retaliatory tariffs by China raised global recession worries.
Sensex jumps over 100 points, Nifty tops 24,350; HDFC Bank, TechM lead gainers
Indian equity markets initially dipped due to geopolitical tensions with Pakistan, overshadowing positive signals from U.S. trade negotiations. However, the indices recovered, supported by sustained foreign institutional investor inflows and India's economic resilience. Experts advise investors to remain calm during crises, noting the market's surprising strength despite recent challenges.
Sensex jumps 400 points, Nifty above 24,400; bank stocks among the top gainers
BSE and NSE gained sharply, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment.
Rupee falls 4 paise to 85.19 against US dollar in early trade
The rupee depreciated slightly to 85.19 against the US dollar due to dollar short-covering, despite positive domestic equities. Concerns over economic headwinds from tariffs and US monetary policy weighed on the currency. The US president's criticism of the Federal Reserve also fueled worries about the outlook for US assets.
Bond yields ease, Rupee strengthens amid RBI liquidity infusion
Bond yields fell to their lowest since 2021 amid RBI's liquidity measures and rate cut hopes. The rupee strengthened to 85.12/$ on foreign inflows and a weak dollar. Traders expect further appreciation and easing in yields, supported by RBI’s bond purchases, FX swaps, and an upcoming dividend.
India-Pakistan tensions cap D-St gains on US trade deal hopes, FPI flows; Sensex adds 70 pts, Nifty above 24,300
Indian benchmark indexes ended in the green for a second straight session on Tuesday, buoyed by optimism over a potential trade deal with the U.S. and sustained inflows from foreign portfolio investors.
RIL, bank stocks propel Sensex over 850 points higher, Nifty above 24,250
Indian markets surged on Monday, propelled by Reliance Industries' strong earnings and positive Asian market trends. The Sensex surpassed 80,000, while the Nifty50 neared 24,300. Geopolitical tensions between India and Pakistan, along with fluctuating US-China trade relations, added uncertainty. Experts suggest sustained foreign investment is bolstering market resilience, despite potential consolidation indicated by recent trading patterns.
Bond yields decline to over 3-year low amid strong foreign inflows
The RBI is set to buy ?40,000 crore worth of bonds in the remainder of April, and has already infused ?6.6 lakh crore via OMO purchase, foreign exchange swaps and a cut in its cash reserve ratio.
The NRIs will be India's bulwark against global turmoil
NRI remittances significantly bolster India's economy, acting as a crucial buffer against global volatility and trade deficits. Inflows reached a record $129.4 billion in 2024, with the US emerging as a major source alongside GCC countries. Factors like India's economic growth, stock market performance, improved living standards, and rupee depreciation are attracting increased NRI investment across various asset classes.
Sensex erases early gains, tanks over 950 points, Nifty slips below 24K as caution grips D-Street
Indian equity indices declined after initial gains due to a terrorist attack in Kashmir, heightening geopolitical concerns. The Sensex and Nifty fell, reversing earlier advances fueled by positive Wall Street cues and IT stock surges. Investor sentiment turned cautious, overshadowing positive FII inflows and global market gains, with experts advising caution amid escalating India-Pakistan tensions.
India-Pak tension, Q4 earnings & FII action among 9 factors that could drive D-Street this week
Indian markets face a volatile week, influenced by escalating India-Pakistan tensions and a flurry of Q4FY25 earnings announcements from over 180 companies, including Reliance Industries. FII selling pressure and rupee weakness add to the uncertainty, while global cues from US markets and crude oil prices will also play a crucial role.
Sensex snaps 7-day winning run, sheds over 200 points, Nifty below 24,300
Indian benchmark equity indices began Thursday on a weak note, pulled down by Reliance Industries and banking stocks. Foreign inflows and hopes of easing US-China trade tensions offered some support. Eternal shares fell sharply after its food delivery CEO resigned. U.S. Treasury Secretary hinted at de-escalating trade war between the United States and China, potentially easing recession fears.
India central banker warns of dwindling money market liquidity
RBI Governor Sanjay Malhotra voiced concerns about dwindling liquidity in India's call money market, potentially hindering monetary policy transmission. He urged banks to ensure seamless transmission of RBI's liquidity measures to the broader market. With surplus liquidity averaging ?1.
Market Wrap: D-Street snaps 7-day rally as geopolitical tensions drag; Sensex sheds 315 pts, Nifty below 24,300
Indian benchmark indices ended lower on Thursday, halting a seven-session rally, as financials led the retreat on profit booking, while geopolitical tensions escalated following India's strong diplomatic response against Pakistan in response to a deadly terror attack in Jammu and Kashmir that left 26 dead.
Sensex surges 600 points, Nifty above 24,300 on renewed US-China trade optimism
Indian benchmark indices Sensex and Nifty marked their seventh consecutive session of gains, propelled by advancements in IT and banking sectors. Optimism surrounding potential easing of US-China trade tensions, spurred by President Trump's statements on tariff reductions, boosted market sentiment. Foreign portfolio investors have turned net buyers, injecting over $2 billion into Indian equities.
Sensex rises 200 points, Nifty tops 24,150 as RBI's liquidity measures defy weak global cues
Indian benchmark indices Sensex and Nifty opened flat on Tuesday, supported by the Reserve Bank of India's liquidity measures, which helped offset negative global cues stemming from U.S. President Trump's criticism of the Federal Reserve. Nifty Bank stocks experienced gains following the RBI's directive to assign a lower buffer rate on digitally accessible deposits, providing a one-year compliance window.
Inflows, faltering dollar help rupee log best week in a month
The Indian rupee rose on Thursday to log its best weekly performance in a month as foreign portfolio inflows into Indian equities picked up and as the dollar remained on the defensive amid concerns about how tariffs would affect the world's largest economy.
Rupee gains 24 paise to 85.77 on weak dollar index
The currency strengthened to 85.59/$1 levels during the day, before losing some ground due to importer hedging demand, while likely intervention by theReaerve Bank of India (RBI) contained excess gains. The rupee had closed at 86.04 the previous day.
Market Wrap: D-Street rally continues for 6th day on RBI support; Sensex adds 187 pts, Nifty above 24,150
India's benchmark indices extended their winning streak to six sessions on Tuesday, as liquidity-boosting measures by the Reserve Bank of India helped offset weak global sentiment stemming from U.S. President Donald Trump’s ongoing criticism of the Federal Reserve.
Commodity Radar: Overbought gold hits fresh peak of Rs 96,747 per 10 gram. Signals suggest caution
Gold prices have surged to record highs in 2025, driven by economic uncertainties and trade tensions. While technical indicators suggest overbought conditions and weakening momentum, analysts advise a cautious buy-on-dips strategy. The ongoing tariff war and potential for a global economic slowdown continue to support gold's safe-haven appeal, with currency fluctuations playing a crucial role in domestic prices.
Market Wrap: Tariff relief hopes buoy D-Street higher for 7th day; Sensex adds 521 pts, Nifty above 24,300
Indian benchmark indices extended their winning streak to a seventh session on Wednesday, lifted by IT and auto stocks amid signs of easing U.S.-China trade tensions and an upbeat revenue forecast from HCLTech.
FIIs roar back, pump Rs 15,000 crore into Indian stocks in just 3 days. Is the tide turning?
After weeks of sulking on the sidelines, foreign institutional investors (FIIs) have stormed back into Dalal Street with a vengeance by pumping nearly Rs 15,000 crore into Indian stocks over just the last three trading sessions.
Bank stocks drive Nifty past 24,100, Sensex soars over 800 points
Indian benchmark indices began the week on a positive note, propelled by robust quarterly performances from HDFC Bank and ICICI Bank. This offset the impact of weaker earnings from Infosys and negative global market signals. Financial stocks spearheaded the gains, while auto and FMCG sectors experienced slight declines. Broader market indices also reflected the upward trend.
Rupee ends higher as U.S. tariff worries keep dollar on the backfoot
The Indian rupee ended higher for a third straight session on Wednesday, as U.S. tariff concerns pressured the dollar and lifted safe havens like gold and the Swiss franc.
What is NRO account and how are deposits in this account taxed, repatriated?
NRO accounts are less restrictive for Indian rupee transactions compared to other types of accounts available to NRIs in India, making them the preferred choice for NRIs.
Why the stock market rose today? Sensex settles 855 pts higher, Nifty above 24,100; 5 key factors behind today's rally
Stock Market Today: Indian benchmark indices surged to levels unseen since January 6, fueled by robust earnings from banking giants like ICICI Bank and HDFC Bank. A weakening U.S. dollar and consistent foreign institutional investor inflows further bolstered market sentiment. Banking stocks spearheaded the rally, with the Nifty Bank index hitting a record high.
India plans to ease nuclear liability laws to attract foreign firms: Sources
India plans to amend its nuclear liability laws, capping accident penalties for equipment suppliers to attract US firms like GE and Westinghouse. This move aims to boost nuclear power production to 100 gigawatts by 2047 and facilitate a $500 billion trade deal with the US. The changes address concerns stemming from the 2010 law, influenced by the Bhopal disaster.
US tariff uncertainties to hit these three sectors hardest: Jefferies
A Jefferies report indicates that US tariff uncertainties will significantly affect manufacturing, logistics, and retail sectors due to their global supply chain reliance. The rising possibility of a US recession could lead to rate cuts, negatively impacting the BFS vertical. Sectors like communications, insurance, and healthcare are expected to be the least affected.
India's 5-year bond to outperform 10-year peer on policy easing: StanChart's Kulkarni
India's five-year government bond is set to outperform the 10-year benchmark bond in the coming months as short-term debt will get a boost from further monetary policy easing, a rates strategist with Standard Chartered Bank said on Wednesday.
Sensex jumps 4,700 points in 4 days of fast and furious rally. Time to ride the tide or sell on rise?
Indian stock markets are experiencing a powerful rally, with the Sensex and Nifty surging past resistance levels. Experts cite positive macro factors like falling inflation, supportive monetary policy, and increased government spending. FII inflows have returned, strengthening the rupee. While caution is advised due to upcoming earnings and global uncertainties, the overall outlook remains bullish, particularly for domestic-focused sectors.
IT rout pushes Nifty below 23,400; Sensex drops over 300 points
Indian benchmark equity indices opened lower on Thursday, weighed down by IT stocks following Wipro's revenue decline forecast amid tariff concerns. The BSE Sensex fell by 0.39%, and the Nifty50 slipped by 0.49%. This downturn was further influenced by US Federal Reserve Chair Jerome Powell's warning about the risks of tariffs on growth and prices.
US tariff fluctuations to drive rupee; bond yields may ease on central bank debt buy
The Indian rupee is expected to remain sensitive to global volatility stemming from fluctuating U.S. tariff policies, despite a weaker dollar offering some support. Government bond yields may ease due to central bank bond buying. Investors will also be watching for India's retail inflation data and key U.S. economic releases this week.
Nifty below 23,300; Sensex falls over 100 pts as bulls take a breather
Indian markets opened lower on Wednesday after a sharp two-day rally, with mixed sectoral trends. Nifty PSU Bank gained 1%, while IT and Pharma slipped. IREDA surged 6.5% on strong Q4 earnings. FPIs turned net buyers after nine sessions, investing Rs 6,066 crore. Retail inflation dropped to a 5-year low, boosting hopes of RBI rate cuts.
Market Wrap: Banks drive D-Street higher on solid domestic backdrop; Sensex adds 309 pts, Nifty above 23,400
Indian benchmark indices ended higher on Wednesday, overcoming a stuttering start, with financial stocks leading the advances, supported by strong domestic fundamentals, including foreign investor buying and a five-year low in domestic retail inflation, helping the market outperform regional peers.
Tariff-spurred market rout pushes Indian rupee to worst day in nearly three months
The Indian rupee experienced its biggest single-day drop in nearly three months due to U.S. President Trump's tariff plans affecting global markets. This led to significant declines in both Asian currencies and stocks, with India's equity indexes dropping 3%. The rupee's decline is linked to the Chinese yuan's drop and potential capital outflows from Indian stocks.
Sensex jumps over 1,600 points; Nifty tops 23,300 on US tariff relief
Indian benchmark indices Sensex and Nifty50 witnessed a significant surge on Tuesday morning, fueled by widespread buying across various sectors. This rally was triggered by U.S. President Donald Trump's decision to exempt electronics from proposed tariffs, providing relief to global equities. The Sensex jumped 2.06%, while the Nifty50 climbed 2.09%.
Fixed income investment strategy for FY26: Jiraaf’s 33-33-33 allocation approach, explains Saurav Ghosh of Jiraaf
Amidst global economic uncertainties and potential trade disruptions, fixed income is gaining traction as a haven for investors. Saurav Ghosh suggests a 33-33-33 allocation strategy across short-term corporate bonds, longer-tenure G-Secs, and high-rated corporate bonds. With India's stable economy and anticipated rate cuts, locking in rates now offers a promising avenue for portfolio stability and consistent returns.
Rupee declines as weaker Chinese yuan hurts Asia FX; RBI decision awaited
The Indian rupee weakened against the U.S. dollar, influenced by a weaker Chinese yuan after new U.S. tariffs. Other Asian currencies also declined. Investors awaited the Reserve Bank of India's monetary policy decision, anticipating a rate cut. Increased hedging by Indian corporates and foreign investor outflows further pressured the rupee.
Rupee posts worst week in 2 months, US dollar's decline cushions fall
The Indian rupee logged its worst week since February as drastic shifts in U.S. trade policy sparked volatility in global markets and weighed on risk assets, but also pummelled the dollar, which helped limit the losses.
Rupee hits three-week low as RBI rate cut, trade war weigh on sentiment
Indian rupee today:The Indian rupee fell 42 paisa to 86.68/$1 on Wednesday, hitting a three-week low amid global trade tensions and a 25-bps RBI rate cut. Bond yields rose, and traders expect further rupee pressure as tariff concerns mount.
Banks told to push global trade settlement in Rupee
The government is urging banks to promote settling international trade in Indian rupees, aiming to reduce reliance on the US dollar and lower foreign exchange costs. Discussions are underway to streamline the special rupee vostro account (SRVA) mechanism. The RBI is enhancing the Indian Financial Network to facilitate secure international fund transfers via SRVA.
Rupee hits two-week low on dollar demand and trade war volatility
Indian rupee:The Indian rupee closed at 86.26 on Tuesday, down nearly 0.5% from Monday amid strong dollar demand and regional currency retreat. Rising volatility, muted RBI presence, and global trade tensions added pressure, with sectors bracing for earnings impact.
India may tolerate weaker rupee if tariffs spur yuan decline, sources say
RBI may allow the rupee to depreciate if China lets the yuan weaken, in response to new U.S. tariffs on Chinese imports. This depreciation of the yuan could affect Indian exports and widen India's trade deficit with China. The Reserve Bank of India is closely monitoring the situation.
DIPAM secretary urges mutual funds to include PSU stocks in their portfolio
India's divestment secretary urges private firms to declare fair dividends to minority shareholders and for mutual funds to include public sector undertaking stocks in their portfolios.
Amazon-backed More Retail plans India IPO next year, betting on its hybrid model
More Retail, supported by Amazon, intends to launch its IPO next year. The company aims to double its store numbers within five years. This expansion occurs as more shoppers in India choose supermarkets and online platforms for groceries. More Retail also plans to add 500 stores in collaboration with Amazon Fresh. The company focuses on slotted deliveries for future growth.
Rupee hits over two-week low hurt by weaker Chinese yuan, importer hedging
The Indian rupee fell to a more than two-week low on Tuesday, weighed down by a weaker yuan and corporate hedging demand, while forward premiums eased on rising U.S. bond yields.
Rupee plunges 60 paise to 85.83 to steepest one-day retreat in three months
A global retreat in crude oil prices to bear territory cushioned the rupee's fall, as did likely dollar sales by exporters and RBI to help the unit find a floor, traders said.
Rupee bogged down by weaker Chinese yuan as US tariffs kick in
The Indian rupee declined to a three-week low on Wednesday, tracking the weakness in the Chinese yuan as sweeping U.S. tariffs came into effect, including a 104% levy on China, and fuelled worries of a slowdown in global growth.
Reversal in bond yields and dollar index expected to limit further gains in rupee
If the 10%+ declines in US risk assets-the Nasdaq and the S&P 500-are overlooked as natural and expected reactions to momentous economic changes, the White House does have reason to believe its measures are working.
Why stock market rose today: Sensex ends 1,310 pts higher, Nifty above 22,800; 6 factors behind the rally
Indian stock markets witnessed a significant rally as the Nifty50 and Sensex surged, fueled by the U.S. decision to suspend additional tariffs on India. This move eased trade disruption concerns, supported by a weakening dollar and a broad-based rally across sectors like metal and pharma. Declining crude oil prices further contributed to the positive market sentiment.
Rupee touches 4-month high of 84.96/$, but closes at 85.23
The dollar index declined to 101.27, but mildly strengthened to 102.66 later during the day. The rupee moved in the range of 84.95-85.33 to a dollar.
Sensex surges 1,400 pts, Nifty tops 22,800 as investors cheer US tariff reprieve
Indian stock markets surged as the U.S. suspended additional tariffs on India for 90 days, boosting investor confidence. The Sensex climbed 1.90% to 75,247, and the Nifty50 rose 1.97% to 22,840. While TCS shares dipped slightly after Q4FY25 results, overall market sentiment was positive, with most sectors experiencing gains.
UPI payments above Rs 1 lakh: Soon, you can pay a higher amount to merchants in new categories
Reserve Bank of India (RBI): The RBI announced several consumer centric developments in its monetary policy committee (MPC) meet on April 9, 2025. Among them is a development about increasing transaction limits for unified payment interface (UPI). The RBI said: At present, the transaction amount for UPI, covering both Person to Person (P2P) and Person to Merchant payments (P2M), is capped at ?1 lakh.
Rich Indians pinching pennies? A warning sign flashes
After a post-pandemic splurge, India's luxury car sales are slowing, growing at the slowest pace in three years. This stagnation, driven by economic uncertainties, stock market volatility, and rising debt, could signal a broader slowdown in India's booming luxury market, potentially mirroring global trends of reduced discretionary spending.
RBI Inflation 2025-26: Amid global trade war, RBI MPC projects India's inflation at 4% in FY26
RBI Inflation 2025-26: The RBI's Monetary Policy Committee anticipates inflation to moderate to 4% in FY26, supported by favorable food prices, offering relief to households. Despite global uncertainties, including Trump's tariffs, the RBI cut the repo rate to 6.00% while maintaining a neutral stance. India's retail inflation has eased, but economic growth faces potential headwinds from trade tensions.
Apple eyes India for iPhone production as China faces 54% tariff: Report
India, which produces 15% of Apple’s iPhone output, has been imposed a 26% tariff by the US. Although this rate is less severe than those imposed on China and Vietnam, it is challenging in the short term but could reap benefits in the long run.
Sensex crashed up to 54% in past recession years. Is India ready for a Trump-led meltdown this time?
Amidst global recession fears fueled by US tariffs, Wall Street anticipates potential economic downturns. Experts suggest India's strong domestic focus and projected growth offer resilience. Historical data reveals past US recessions significantly impacted Indian markets, with Sensex slumping. Analysts advise investors to remain calm, diversify portfolios, and consider fundamentally strong companies during this period of uncertainty, emphasizing long-term favorable outlook.
Sensex falls 400 pts, Nifty below 22,400 as global rout worsens, RBI trims FY26 GDP forecast
Indian benchmark indices experienced a downturn, mirroring a global sell-off fueled by escalating trade tensions and concerns over U.S. tariffs. Despite the RBI's rate cut and revised GDP forecast, market sentiment remained weak. IT, pharma, and metal stocks were particularly affected by the trade war's potential impact on revenue and competition, while gold loan providers faced regulatory concerns.
Rupee claws back from early weakness to end higher against dollar
The Indian rupee strengthened to 85.43 per dollar as the dollar index fell to a six-month low of 101.5. Concerns over US trade policy impacting growth reduced the dollar's safe haven status. President Trump announced 26% tariffs on US imports from India. Inflows into Indian debt and mild dollar sales from oil companies supported the rupee's appreciation.
Market Wrap: D-Street ends lower despite RBI rate cut; Sensex sheds 380 pts, Nifty below 22,450
Indian indices ended lower on Wednesday despite the RBI’s 25 bps rate cut and dovish stance, as escalating global trade tensions weighed heavily on banking and IT stocks.
Rupee weakens as Trump’s tariffs hit Indian exports
The Indian rupee opened at 85.77/$1, weakening 27 paisa after Trump imposed 26% tariffs on Indian imports. Traders expect a range of 85.50-86/$1. The dollar index softened to 102.7, while U.S. Treasury yields fell to 4.08% amid safe-haven demand.
$1 billion in 1 day: FIIs log their second biggest dumping of Indian stocks in 2025
Foreign investors pulled over ?9,000 cr from Indian equities, marking April’s second-largest outflow in 2025. Nifty plunged 5% intraday before partially recovering, weighed by US tariffs, global recession fears, rising US yields, and a weakening rupee.
India rupee eyes trade tensions for cues, RBI policy in focus for bonds
The Indian rupee will track the dollar and Chinese yuan's reaction to escalating global trade tensions this week, while the domestic central bank's monetary policy decision will influence the direction of the currency and government bonds.
Sensex surges 700 pts, Nifty above 22,350 as bulls fight back after steepest drop in 10 months
Indian benchmark indices Nifty 50 and Sensex rebounded on Tuesday, recovering from Monday's sharp decline triggered by U.S. tariff concerns. Early trading saw widespread buying across sectors. Markets are also anticipating the Reserve Bank of India's policy decision on the repo rate, expected on April 9.
Rupee drops in NDF market after US levies 26% tariffs on India
The Indian rupee weakened in the non-deliverable forward market following the U.S. President Trump's announcement of a 26% tariff on Indian imports. This move, part of a broader plan including a 10% baseline tariff on all imports and a 34% duty on China, led to significant market reactions.
Wait and Watch or Buy the Dip? Mowat urges investors to prioritize fundamentals over timing
Adrian Mowat suggests that tariffs, higher than anticipated, have triggered global equity corrections, with uncertainty persisting. He believes the market hasn't fully priced in a potential US recession caused by these tariffs. Investors should analyze potential investments' sensitivity to US policy and assess valuations, as current Indian large-cap valuations may not offer sufficient cushion.
Benchmark yield softens 5 Bps to 6.52%
Lower US yields and expectations of a rate cut by RBI in its monetary policy next week have also weighed on yields, treasury heads at banks said.
Rupee ends tariff-singed week a tad stronger as dollar falters
The Indian rupee notched a slight gain in a week marked by the announcement of sweeping U.S. reciprocal tariffs, which jolted global currency markets and dragged the dollar lower while lifting safe havens such as the Japanese yen and Swiss franc.
Brace for another leg down: Another correction may be on horizon, warns Manishi Raychaudhuri
Indian equity markets may face a short-term correction due to high valuations, potential earnings downgrades, and macroeconomic uncertainties. Market strategist Manishi Raychaudhuri highlights the challenges posed by global trade impacts, sector-specific pressures, and risks related to currency weakness and increased equity supply.
4 sectors likely to see faster revival and lower downsides compared to overall market: Devender Singhal
Devender Singhal from Kotak Mahindra AMC believes India's trade negotiations may boost exports, particularly to the US. Key sectors with high growth potential include diversified financial services, healthcare services, telecom services, and discretionary consumption. He advises investors to stay optimistic amid market volatility and focus on long-term wealth creation opportunities.
D-Street set to tumble as Trump imposes 26% tariff; global markets plunge amid trade war fears
Indian shares are expected to open lower on Thursday following U.S. President Donald Trump's imposition of a 26% reciprocal tariff on imports from India. This move is part of a broader plan to introduce a 10% baseline tariff on all trade partners, with even higher duties on several other countries, including China.
Beyond stock market crash: Post selloff, what to track with eye on earning cycle? Dinshaw Irani explains
Helios Mutual Fund CEO Dinshaw Irani comments on the impact of Trump tariffs. He warns of potential trade wars and global instability if America does not compromise. Domestic sectors like healthcare and hospitality may remain stable, while India could benefit. Immediate focus is on navigating market uncertainties with cautious investment in domestic-focused companies.
Tariff effect, RBI MPC outcome among 9 factors that will steer D-Street this week
Indian markets fell sharply last week amid global sell-offs triggered by U.S. tariff moves and slowdown fears. Nifty dipped below 23,000, with IT and metal stocks leading losses. Key events this week include RBI’s MPC decision, U.S. inflation data, FOMC minutes, and TCS earnings. Volatility is expected to persist, driven by global cues, macro data, and earnings season kickoff.
