The Indian rupee continues to remain under pressure against the US dollar, prompting the Reserve Bank of India to intensify its intervention in the currency market. The central bank has increasingly stepped in when the rupee weakens sharply, while foreign-deposit inflows are providing some additional support.

The ongoing US-Iran conflict continues to remain a major risk for global financial markets, particularly because of uncertainty surrounding the Strait of Hormuz. Crude prices remain elevated, with Brent recently trading close to $89 a barrel, as investors assess the possibility of further disruption to energy shipments.

Indian equities are expected to open with a cautious bias today. GIFT Nifty was trading around 24,345, while global markets remained mixed. The previous session saw the Sensex decline 183 points and the Nifty close below 24,250 as investors remained cautious despite softer crude prices. The market is also entering a period of higher volatility […]

The Indian rupee opened marginally stronger at around Rs. 95.44 per US dollar on Thursday, supported by softer crude oil prices and continued intervention by the Reserve Bank of India. The currency had settled around Rs. 95.41 in the previous session.

Crude oil prices continued to fall on Thursday as investors assessed reports of discussions involving Iran and Qatar that could help reopen the Strait of Hormuz. Brent crude slipped to around $87.24 a barrel, extending its decline for a fourth consecutive session, while WTI fell to about $81.67.

Indian equities are expected to open sharply higher today after GIFT Nifty jumped around 220 points, signalling a strong start for the Nifty 50 and Sensex. The positive sentiment has been supported by a sharp decline in crude oil prices and gains across global markets.

The Indian rupee strengthened by around 33 paise to close at Rs. 95.41 against the US dollar on Tuesday, recovering from its previous close of Rs. 95.74. The gain came as crude oil prices declined sharply and the Reserve Bank of India stepped in through dollar sales to support the domestic currency.

The continuing conflict involving the US and Iran remains one of the biggest risks for global markets. The Strait of Hormuz is particularly important because disruptions to shipping through the waterway can quickly affect crude supplies, freight costs and insurance premiums.

India’s data-centre industry is entering a major expansion phase as artificial intelligence and cloud computing drive demand for computing infrastructure. Industry capacity has reportedly quadrupled, highlighting the rapid growth of India’s digital infrastructure ecosystem.

Indian equity markets are set for a cautious opening today, with GIFT Nifty indicating a decline of around 65 points early Tuesday. The weakness comes amid subdued global cues and continuing concerns over crude prices and geopolitical tensions.