Rupee slide, steep valuations drive FPIs to pull ₹32,311 crore from Indian stocks
A weakening rupee and high stock valuations, compared to other emerging markets have prompted foreign portfolio investors (FPIs) to pull...
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Indian rupee opens stronger against US dollar
Mumbai: The Indian rupee opened 75 paise stronger at 84.65 against the US dollar on Tuesday, following its previous close at 85.38 a dollar. The trading range for the day was expected to be between 84.50 and 85.25, according to analysts. The dollar maintained its gains following a significant trade pact between the US and China. The US will reduce tariffs on Chinese goods from 145 per cent to 30 per cent for 90 days, while China said it will cut tariffs on US goods from 125 per cent to...
Week Ahead: Reciprocal tariffs, auto sales, Q4 updates, FII flow among key triggers for Indian stock market
The Indian stock market closed the 2024-25 (FY25) financial year with gains after logging sharp gains in March driven by foreign capital inflow, final phases of profit booking, and improving domestic economic indicators.Next, investors will monitor key market triggers in the first week of the new fiscal (FY26). Donald Trump's reciprocal tariff announcements, foreign fund inflow, domestic and global macroeconomic data, auto sales figures, and global market cues will dictate the market direction in the first week of April, marking the beginning of the new financial year 2025-26 (FY26).Domestic equity...