Market News
Stay updated with the latest market trends, earnings, and economic indicators.
INR losses momentum as dollar index spikes above 100 mark
The Indian rupee slipped in opening trades on Monday tracking sharp spike in dollar index above 100 mark. Dollar index spiked above 100 for the first time in two months following a strong jobs data, driving sooner than expected rate hike by Fed. INR opened at Rs 95.35 per dollar and hit a high of 95.28 so far during the day. On Friday, rupee ended at 95.18. Indian shares are seen opening sharply lower on Monday as investors weigh weak global cues and escalating Middle East tension against strong domestic GDP data as well as the Indian government's decision eliminating the 12.5 percent long term capital gains tax on foreign institutional investment in government bonds. India's economy grew an unexpectedly strong 7.8% year-on-year in the January-March quarter, the government said on Friday, as robust private investment, farm output and construction activity offset the early impact of the Middle East conflict.
Rupee opens 37 paise lower at 95.32 against US dollar
The Indian rupee fell to 95.32 against the US dollar due to geopolitical tensions, rising oil prices, and a global selloff. RBI measures may attract $30-50 billion in capital inflows, improving outlook, though the currency remains sensitive to oil price movements.
SpaceX IPO: How can retail investors buy shares? - Explained
SpaceX plans IPO at $1.75 trillion valuation, heavy retail demand and global access varies, brokers set low entry, risks include no near-term profits and very high growth expectations
RBI offers concessional forex swap facility for CPSE overseas borrowings till Sept 30
RBI unveils concessional forex swap facility for CPSEs to boost 3-5 year ECBs, cut hedging costs and attract dollar inflows amid global market volatility.
INR regains momentum with all eyes on RBI monetary policy
The Indian rupee is regaining some momentum in opening trades on Friday as the global crude oil prices eased and market participants keenly awaited the RBI's MPC decision today. Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. INR opened at Rs 95.72 per dollar and hit a high of 95.63 so far during the day. Yesterday, rupee depreciated 7 paise to close at 95.83 against the US dollar. Local markets opened in the green with investors closely watching the Reserve Bank of India (RBI) monetary policy announcement scheduled for today. The Indian benchmark indices are trading higher today, with the NIFTY 50 hovering around 23,442.30 (+0.11%) and the S&P BSE SENSEX trading at 74,556.68 (+0.26%).
Rupee rises ahead of RBI policy; focus on rates, dollar inflow measures
Indian rupee opens slightly higher at 95.71 against US dollar as markets await RBI policy decision, with focus on foreign inflows and global risk pressures.
India growth story intact, AI not a bubble yet, Citi’s Aloke Gupte says
Rupee depreciation is a big factor people consider, because anyone running a global portfolio looks at returns on a dollar basis, not on an individual currency basis, and the rupee's performance impacts what you have invested, Aloke Gupte, Citigroup's co-head of global equity capital markets, said.
Goldman Sachs India global centre chief Gunjan Samtani to retire by end of 2026
Gunjan Samtani, co-chairman of Goldman Sachs India and head of its India global center, will retire by year-end after 16 years. Ken Castelino and Balaji Sivasubramanian have been appointed as co-heads to succeed him, overseeing the bank's tech and operations center in India.
Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themes
Marcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. The fund targets defence, power, AI-led infrastructure and luxury themes, enabling dollar-denominated investing, diversification and exposure to long-term global growth opportunities.
Rupee opens 1 paise higher at 95.70 against US dollar
Rupee opened 1 paise higher at 95.70 against the US dollar. Experts believe that yesterday, the rupee found itself standing in the middle of yet another global storm. The currency weakened towards 95.85, as a fresh wave of geopolitical tensions swept through financial markets.
Wall Street Giants Lose Out to Taiwan Rivals in New Wealth Race
Global asset management giants are being squeezed out in the race for a piece a $300 billion retail investment boom in Taiwan, surpassed by nimbler domestic competitors with massive brokerage networks.
AksharChem (India) Ltd leads gainers in 'B' group
Jeena Sikho Lifecare Ltd, JHS Svendgaard Retail Ventures Ltd, Emkay Global Financial Services Ltd and John Cockerill India Ltd are among the other gainers in the BSE's 'B' group today, 03 June 2026.