The Indian rupee ended higher for second consecutive session on Wednesday on likely dollar sales from state-run banks, which traders said could be on behalf of the central bank, helping reverse the pressure from slightly softer Asian cues. The rupee ended 0.3% higher at 89.88, its highest closing level in a week, after closing at…
The rupee snapped the four-day losing streak and appreciated 12 paise to settle at 90.18 (provisional) against the American currency on Tuesday, tracking a decline in the US dollar index. Forex traders said weak domestic equity markets and geopolitical tensions between the US and Venezuela capped sharp gains for the domestic unit. At the interbank…
With just two trading sessions left before we enter the new calendar year 2026, Indian stock markets are entering a decisive pause in the absence of fresh global or domestic triggers—such as progress on a US-India trade deal—markets are expected to consolidate around current levels rather than make aggressive directional moves. Despite a tough year…
