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INR falls near record low levels hurt by elevated oil prices
The Indian rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar on Wednesday, pressured by rising crude oil prices, hovering well above $100 per barrel, and continued foreign capital outflows. Brent crude prices climbed toward $115 a barrel today, hitting a four-year high on mounting uncertainty around global supply amid the prolonged closure of the Strait of Hormuz. Elevated crude oil price is likely to sharply impact India's import costs, while the ongoing West Asia crisis and concerns over potential wider conflict are fuelling investor anxiety. Meanwhile, Indian shares rose notably on Wednesday despite mixed cues from global markets and growing anxiety over surging energy prices, capping downside in the counter. Sensex settled 609.45 points (0.79%) higher at 77,496.36 while Nifty 50 advanced 181.95 points (0.76%) to close at 24,177.65. Investors are also awaiting cues from the upcoming US Federal Reserve policy decision as dollar ..
Where to invest now: SBI MF prefers large caps, pharma, PSU banks
Ruchit Mehta, Head of Research at SBI Mutual Fund, prefers CDMO and hospital plays within pharma, citing stronger growth prospects over generics. He sees large caps as attractive on valuations, while midcaps require selectivity amid earnings risks. PSU banks may outperform in the near term due to stronger loan growth, but asset quality risks could emerge over the next 2–3 quarters if global disruptions persist.
Markets slip in red: Nifty below 24,100, Sensex down 250 points; Eternal plunges nearly 4% - financialexpress.com
Markets slip in red: Nifty below 24,100, Sensex down 250 points; Eternal plunges nearly 4%financialexpress.com
Sensex dives 850 pts, Nifty slips below 24,200 amid oil shock and weak global cues
The equity benchmark indices Sensex and Nifty tumbled on Thursday, extending losses for a second straight session. Firm crude oil prices and ongoing geopolitical tensions rattled sentiment. Brent crude surged for the fourth consecutive day to around $103 per barrel amid uncertainty over US-Iran talks and fresh concerns around the Strait of Hormuz. Weak Asian cues and persistent foreign fund outflows deepened the sell-off. The Nifty slipped below the 24,200 mark, dragged by auto, PSU banks and consumer durables stocks, while pharma and healthcare shares saw selective buying. Investors stayed cautious, closely tracking the ongoing Q4 earnings season for further triggers.
Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April?
Earlier this month, DSP Mutual Fund in its strategy report said that it is shifting from a conservative to a constructive view on the Indian stock market, as the correction has brought valuations closer to long-term averages.
Retail flows stay resilient as MF AUM falls 10.1% MoM in March: Motilal Oswal
Equity mutual fund inflows hit a 17 month high in March 2026 despite a 10.1 percent drop in total AUM as markets corrected, SIP contributions and retail participation stayed strong
INR settles lower amid lingering geopolitical uncertainties; RBI measures help retain support near 3-week high
The Indian rupee pared initial gains and settled for the day 24 paise lower at 92.76 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict. Rupee witnessed high volatility as the deadline for the RBI's instructions to banks to curb their overnight positions to USD 100 million closes on Friday amid heightened geopolitical uncertainty. At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then lost ground to touch an intra-day low of 92.76 against the greenback. It also hit the day's high of 92.41 during the session. Indian shares rallied on Friday in a broad market rally even as fresh Israeli strikes on Lebanon cast doubt over the durability of the fragile U.S.-Iran ceasefire. The Sensex closed at 77,550.25 and the Nifty 50 ended at 24,050.60.
Benchmarks rally on ceasefire hopes, lower oil; Nifty crosses 24,000 mark
The key equity benchmarks ended with strong gains on Friday, supported by improving risk sentiment. Optimism around a potential US-Iran ceasefire, softer oil prices below $100, a rally in global markets, and a strengthening rupee lifted investor confidence.
Lower oil prices would boost India’s economy, support banks and consumer sectors: Nilesh Shah
Nilesh Shah, Managing Director, Kotak Mahindra AMC, said that market returns may depend more on earnings growth going forward, with investors needing to adjust expectations. Sector trends could favour financials and consumption-linked segments, while asset allocation should balance equities, debt and gold amid evolving global conditions.
SILA raises $100 million from PE firm Permira to fund expansion plans
The investment signals rising global PE appetite for India’s tech-enabled business services, as SILA scales operations across 125 cities and 450 million sq. ft of managed assets.
‘Main Hoon Na’ policy needed from RBI to support growth, says Nilesh Shah
Nilesh Shah, MD, Kotak Mahindra AMC, said the rupee has stabilised after recent central bank actions, easing earlier pressure from foreign investor outflows and rising yields. He noted that interest rates and liquidity conditions remain key for market direction. Ensuring adequate liquidity and keeping bond yields below 7% could help improve sentiment and attract global investors back to India.
Helios MF’s Dinshaw Irani says India looks oversold, stays cautious on IT stocks
Helios Mutual Fund CEO Dinshaw Irani said the fund has been actively deploying cash as Indian equities appear oversold after recent underperformance. He noted that consumption trends remain resilient for now, though prolonged global uncertainty could weigh on demand over the next few quarters. Irani remains cautious on the IT sector, warning that AI-led disruption, weaker growth expectations and margin pressures could keep valuations under strain despite recent corrections. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.