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Nagarro Shares Jump 92% In Xetra Pre-Market After Persistent's Takeover Bid; Deal Risks Remain In Focus
According to NDTV Profit Research, one of the biggest concerns is Nagarro's slower growth profile. The company has delivered a three-year revenue CAGR of around 5%, compared with Persistent's 15-18% dollar revenue growth.
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB funding
India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and is also in talks with the Asian Development Bank for an additional $400 million. This move follows recent Reserve Bank of India measures designed to bolster dollar inflows and support the rupee.
Foreign investors could return to India if earnings improve, rupee stays stable: Emmer Capital
Manishi Raychaudhuri, Chief Executive Officer of Emmer Capital Partners, highlighted AI spending concerns, higher US interest rates and a stronger dollar as the key factors driving volatility across Asian markets, while stressing the need for more job creation in India.
US dollar net speculative long positions hover near 15-month high
Large currency speculators in the US dollar futures market stay upbeat near a 15-month high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 12928 contracts in the data reported through June 23, 2026, marking a slight pull back of 269 net positions compared to the previous week.
INR rebounds in opening trades; Gains unlikely to hold
The Indian rupee appreciated in opening trades on Monday as a temporary pause in Middle East attacks and upcoming diplomatic talks in Qatar is supporting broader Asian currency markets. However, the rally is unlikely to sustain given broad strength in dollar and rebounding international oil prices. Besides, negative cues from equities are also likely to add pressure on the counter. INR opened at Rs 94.36 per dollar and hit a high of 94.25 so far during the day. On Thursday, the pair ended at 94.45 as Friday was a market holiday on account of Muharram. As of the morning trade on June 29, 2026, the Indian benchmark indices are trading flat, with the NSE Nifty 50 hovering around 24,056.00 and the BSE Sensex trading near 77,100.47.
Rupee rises to 94.35 against dollar amid easing crude concerns
Indian rupee opens at 94.35 vs US dollar, seen staying in 94 to 95 band as softer oil supports Asian currencies despite US Iran tensions and cautious markets.
Asian markets struggle for direction amid West Asia risks, rate-hike bets
Investors weighed the impact of a pause in hostilities between the United States and Iran, while firm oil prices and expectations of higher interest rates kept the dollar near a one-year high
Rupee opens 5 paise higher at 94.35 against US dollar
The Indian rupee strengthened to 94.35 against the US dollar, supported by lower oil prices despite potential global risks. Analysts suggest the rupee may trade within the 94-95 range, with strong capital inflows providing some buffer against a firm US dollar.
US dollar set to log highest monthly gain in one-year. US-Iran war, job data in focus
The US dollar is set for its largest monthly gain in a year, rising 2.5% in June due to safe-haven demand amid US-Iran tensions and Federal Reserve rate hike expectations. The euro, sterling, and Australian dollar are all facing declines as market uncertainties grow.
Gold and silver slide: Why traders expect more volatility ahead
Gold and silver prices fall as investors weigh easing West Asia tensions, strong US dollar, rising oil and expectations of tighter US Federal Reserve policy.
Gold, Silver Likely To Stay Under Pressure This Week As Dollar Strength, Iran Crisis Weigh: Analysts
Analysts added that bullion's direction this week will largely depend on incoming US data.
Persistent Systems announces business combination agreement with Nagarro
Persistent Systems to acquire Nagarro SE for EUR 81 per share, forming Persistent - Nagarro Group, a 2.9 billion dollar AI-led digital engineering firm, deal closing by early 2027