Sensex falls 600 points, Nifty below 23,650 as rupee weakens to record low amid Middle East tensions
The Sensex fell around 600 points and the Nifty slipped below 23,650 as the rupee hit a record low, pressured by high oil prices and Trump's rejection of Iran's peace proposal. FII selling and weakness in IT stocks deepened the broad market decline.
1mo ago · 3 min · Markets
Markets slip 1.3% as U.S. rejects Iran’s response to deal and PM Modi cautions rupee drop
Indian markets fell about 1.3% after the U.S. rejected Iran's latest response to a nuclear deal, raising fears of sustained high oil prices. Prime Minister Modi separately flagged concern over the rupee's slide, adding to pressure on a market already sensitive to oil costs and currency weakness.
1mo ago · 3 min · Markets
India shares, rupee fall on Modi's call for austerity, crude price spike
Indian markets fell sharply after PM Modi urged fuel conservation and fewer gold and import purchases, signalling pressure on foreign exchange reserves. The Nifty 50 lost 1.49%, the rupee hit a record low of 95.31 per dollar, and Brent crude climbed above $104 on renewed Iran-US tensions.
1mo ago · 3 min · Markets
Sensex today | Stock Market Highlights: Sensex crashes 1,313 points, rupee hits record low amid US-Iran tensions
The Sensex crashed over 1,313 points on Monday and the rupee hit a record low as soaring crude oil prices and fading US-Iran peace hopes triggered heavy selling. India's heavy oil import dependence means higher crude directly pressures the currency, inflation outlook, and corporate margins.
1mo ago · 2 min · Markets
Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Prime Minister Modi has urged Indians to reduce fuel use, overseas travel, and gold purchases as the Middle East conflict threatens India's heavily import-dependent energy supply. A broader war involving Iran could pressure the rupee, widen the trade deficit, and push up domestic fuel prices.
1mo ago · 2 min · Big Stories
Global jitters keep FPIs on edge, Rs 14,231 crore pulled out in May
Foreign portfolio investors have withdrawn Rs 14,231 crore from Indian equities so far in May, citing persistent global macroeconomic uncertainty. Sustained outflows at this scale could pressure benchmark indices and the rupee if domestic institutions fail to offset the selling.
1mo ago · 2 min · Markets
India's market premium cracks as oil shock meets weak growth
India's equity market premium over emerging market peers is eroding as rising global oil prices and weaker-than-expected domestic growth hit simultaneously. Higher import costs, rupee pressure, and squeezed margins are prompting investors to question whether India's valuation premium is still justified.
1mo ago · 3 min · Markets
Rupee falls 45 paise to 94.67 against U.S. dollar
The Indian rupee dropped 45 paise to 94.67 against the U.S. dollar in interbank trading, opening at 94.58 before weakening further. A decline of this size raises import costs, especially for dollar-priced crude oil, and signals possible pressure on inflation.
1mo ago · 2 min · Markets
FPIs pull out ₹13,944 crore in holiday-shortened week, equities hit hardest
Foreign portfolio investors pulled ₹13,944 crore out of Indian markets in a holiday-shortened week, with equities hit hardest. Rising crude prices, a firm dollar, and global geopolitical tensions are driving the risk-off move away from emerging markets including India.
1mo ago · 2 min · Markets
FPIs pull out ₹60,847 cr in Apr; outflows hit ₹1.92 lakh cr in first four months of 2026
Foreign portfolio investors withdrew ₹60,847 crore from Indian markets in April 2026, taking total outflows for the year so far to ₹1.92 lakh crore. The sustained selling is driven by global macroeconomic pressures and geopolitical risks, squeezing market liquidity and weighing on valuations.
2mo ago · 1 min · Markets
Foreign Investor Outflows Hit Rs 1.92 Lakh Crore In 2026 As April Sees Fresh Equity Exodus
Foreign Portfolio Investors have withdrawn a cumulative Rs 1.92 lakh crore from Indian markets in the first four months of 2026, with April recording a fresh round of equity outflows. Sustained FPI selling at this scale pressures Indian stock indices, weakens the rupee, and reduces market liquidity.
2mo ago · 1 min · Markets
RBI's net short positions hit a record $104 billion
The RBI's net short forward position rose to a record $104 billion in March, up from $77 billion in February. The surge reflects heavy intervention to shield the rupee from volatility, pushing effective import cover below nine months. Markets will watch whether the RBI needs to keep rolling these dollar commitments
2mo ago · 1 min · Markets
Why market fell today? Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Sensex fell 583 points and Nifty dropped below 24,000 on Thursday, dragged down by surging oil prices and a record-low rupee. Rising oil costs and a weaker currency squeeze corporate margins and raise India's import bill. Foreign investors also face higher currency-related losses, adding to selling pressure.
2mo ago · 1 min · Markets
US Fed holds rates at 3.5%, 3.75% for third straight policy: What does it mean for Indian stock market?
The US Federal Reserve kept rates at 3.5%, 3.75% for the third straight meeting after an 8-4 FOMC vote, with no updated economic projections released. A steady US rate environment reduces near-term pressure on the Indian rupee and foreign capital outflows from emerging markets.
2mo ago · 1 min · Markets
Sensex rises 609 points as UAE’s OPEC exit spurs crude hopes; rupee hits record low
The Sensex rose 609 points after reports that the UAE may exit OPEC sparked hopes of lower global crude prices, which would ease costs for India as a major oil importer. The rupee, however, fell 30 paise to a record low close near 84.8 against the dollar, which could blunt some of that relief.
2mo ago · 1 min · Markets
HSBC to JPMorgan, Goldman Sachs: Why are foreign brokerages downgrading India?
JPMorgan and HSBC have downgraded Indian market ratings, cutting Nifty targets over rising inflation and rupee weakness tied to high crude prices and geopolitical risk. India's heavy oil import dependence makes it especially exposed to this macro squeeze. Further downgrades may follow if inflation and currency pressure
2mo ago · 1 min · Markets
$100 Oil, Hormuz Disruption Raise Risks For India's Economy: Union Bank of India Report
Union Bank of India warns that crude prices near $100 and possible Strait of Hormuz disruptions could stoke inflation, weaken the rupee, and strain India's external balances. Since India imports over 85% of its oil, sustained price rises feed quickly into domestic costs and the current account deficit.
2mo ago · 1 min · Economy
Gold surges past $4,840; silver tops $80 as dollar weakens and Iran tensions ease
Gold surged past $4,840 and silver topped $80 as a weakening dollar and easing Iran tensions drove sharp gains in precious metals. Crude oil fell sharply as supply-disruption fears eased on hopes of renewed US-Iran dialogue. The Indian rupee remained under pressure despite the broader dollar decline.
2mo ago · 1 min · Markets
RBI asks state oil refiners to curb spot dollar buying, sources say
The Reserve Bank of India has told state-run oil refiners to use a dedicated credit line for dollar purchases instead of buying on the spot market. The directive removes a major, recurring source of dollar demand from open trading, directly reducing depreciation pressure on the rupee. The RBI used comparable measures d
2mo ago · 1 min · Economy