RUPEE STRENGTHENING
Sensex settles 1,200 pts higher, Nifty ends above 25K; 6 key factors behind today's market rally
Indian markets surged, with Sensex and Nifty both rising over 1.5%, fueled by optimism surrounding a potential zero-tariff trade deal with the U.S. and strong FII inflows. Lower oil and gold prices, along with a weakening dollar and cooling inflation, further boosted investor sentiment and rate cut hopes, contributing to the market rally.
Sensex surges 1,300 points higher, Nifty breaches 25,000; HCL Tech, Tata Motors jump 4% each
Indian benchmark indices began Thursday on a weak note, influenced by declines in banking and auto sectors, following a robust rally earlier in the week. Sensex declined by 229 points, and Nifty50 slipped by 58 points. Tata Power and Eicher Motors stood out, with their stocks rising following strong Q4FY25 results.
Market Wrap: D-Street ends in green as soft inflation data spurs rate cut hopes; Sensex adds 182 points, Nifty above 24,660
Indian benchmark indices ended higher on Wednesday, recovering from their biggest single-day loss in a month during the previous session, supported by gains in IT and commodities stocks as softer-than-expected inflation data for both the U.S. and India in April raised hopes for further rate cuts.
Two truces bring multi-pronged relief for Indian rupee
The Indian rupee saw relief after India and Pakistan ceased military hostilities. A tariff truce between the United States and China also helped. The rupee recovered its losses. It strengthened to 84.6350 against the U.S. dollar. Forward premiums and volatility expectations eased. The U.S. and China agreed to reduce tariffs temporarily. This eased fears of a global economic trade war.
Commodity Radar: Gold prices fall by Rs 2,400/10 gram amid “total reset” in US-China trade relations. Time to buy on dips?
Gold prices on MCX fell over Rs 2,400 per 10g amid easing US-China trade tensions and a temporary India-Pak ceasefire. Analysts point to weakening momentum, with technical indicators suggesting a near-term pullback. While global fundamentals remain supportive, softening tariffs and stronger economic data could cap gains. Traders are advised to adopt a buy-on-dips strategy above Rs 93,000.
GIFT Nifty up 460 points; here's the trading setup for today's session
Indian equities experienced a decline last week due to India-Pakistan tensions, but a ceasefire is expected to ease investor concerns, potentially leading to a positive start to the week. Technically, 23800 is now a crucial support level; breaching it could trigger further declines. The rupee strengthened, while FIIs net sold shares, and DIIs were net buyers.
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FPIs continue to invest; inject Rs 14,167 cr in equities in May
Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan.
Foreign love rekindled: What 14 days of FII buying signals for Indian markets
After two decades, domestic investors hold more NSE-listed stocks than foreign investors, but FIIs have recently returned as net buyers. Historical data suggests sustained FII buying often precedes market uptrends. Factors like RBI liquidity measures, falling crude oil prices, a stronger rupee, and easing trade tensions are drawing FIIs back to Indian equities, potentially driving the Nifty 50 higher.
Reviving heritage: We are bringing traditional Indian craftsmanship back to life: Zishta’s Archish Mathe Madhavan
Bengaluru-based cookware venture Zishta is blending tradition with business sustainability. The firm aims to expand to at least 1,000 craftsmen in the next 2-3 years, says Archish Mathe Madhavan, Co-founder and Director of Zishta.
Rupee strengthens at 84.25 amid falling oil prices and equity inflows
The currency had strengthened to 84.13 per dollar during the day, but dollar demand from importers weakened the currency, which had closed at 84.58 per dollar the previous day, LSEG data showed.
Rupee ends higher, aided by stronger yuan and slumping oil prices
The rupee closed at 84.25 against the U.S. dollar, up 0.4% on the day. The currency had touched a peak of 84.1275 in early trading but trimmed gains in the latter half of the session.
Commodity Radar: Gold in consolidation phase. Here's how to trade ahead of Fed FOMC
Gold prices are currently consolidating after falling from record highs. This decline is due to developments related to US trade and monetary policy. Experts suggest a buy-on-dips strategy, anticipating a potential breakout. Traders should monitor US economic data, Federal Reserve decisions, and rupee movement. These factors will influence gold's direction in the near term. Support is seen near Rs 92,300.
Q4 profit decline due to base effect, margin compression and higher provisions: Challa Sreenivasulu Setty, SBI
If you see, almost NII growth could have been better. The whole of last year the cost of deposits was higher while we moderated in the last quarter. If you see our cost to deposits have not significantly gone up but on the year-on-year basis the cost of deposits movement also has impacted the profits.
Performance of IT sector stocks likely to remain subdued over next few quarters but are analysts recommending a buy?
Delayed recovery of discretionary spending will amplify stock price volatility of IT sector companies.
Rupee hits a 6-month high at 83.78/$, erases 2025 losses
The rupee strengthened Friday to a peak of 83.78 per dollar, before closing weaker at 84.58, likely due to dollar purchases by the Reserve Bank of India (RBI). The rupee had closed at 84.48/$1on the previous day.
Backed by decades of positive INR returns, is gold set to shine brighter in 2025?
Amidst global uncertainties, gold is gaining traction as a safe-haven asset, potentially reaching $3,300 per ounce in 2025. For Indian investors, gold's INR returns have consistently outperformed USD returns, driven by rupee depreciation. Increased industry turnover, especially in digital gold formats, reflects growing demand.
Why is the stock market rising today? Sensex surges over 900 pts, Nifty above 24,550: 6 key factors behind the rally
Indian markets surged on Friday, fueled by hopes of a US-India trade deal and robust foreign investment inflows. A decline in crude oil prices and a weakening dollar further boosted sentiment. IT stocks rallied following strong earnings from U.S. tech giants, mirroring positive global market cues across Asia and the U.S.
Comm Min's export promotion mission may have 12-point plan to push exports, help MSME exporters
The commerce ministry's Export Promotion Mission (EPM), with a Rs 2,250 crore outlay, is set to launch with up to 12 components. These include easy credit schemes for MSMEs and e-commerce exporters, overseas warehousing facilitation, and global branding initiatives.
Rupee strengthens to 84.48 amid positive trade deal sentiment
The rupee strengthened despite border tensions with Pakistan, and positive sentiment surrounding a potential trade deal between India and the US aided the rupee. The dollar index was at 99.4.
880 tonnes and counting: Why RBI keeps buying gold despite India having the world's 7th-largest reserves
Amid global economic uncertainties, central banks are increasing gold reserves for stability. The Reserve Bank of India significantly boosted its gold holdings, purchasing 57.5 tonnes in FY24-25 and repatriating 214 tonnes since 2022. This strategic move aims to hedge against dollar volatility and strengthen India's foreign exchange base, supporting the rupee's global role.
Sharp swings in rupee due to rising border tensions
The Indian rupee experienced significant volatility, fluctuating between 84.95/$1 and 85.38/$1, ultimately closing at 85.26/$1. Geopolitical tensions between India and Pakistan, coupled with importer dollar demand near 85 levels and likely RBI intervention, influenced the rupee's movement. Regional currencies strengthened amid hopes of easing global trade tensions, while the rupee's one-month implied volatility surged to its highest since March 2023.
Sensex jumps 400 points, Nifty above 24,400; bank stocks among the top gainers
BSE and NSE gained sharply, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment.
Rupee briefly breaches 85/$1 on strong equity inflows; RBI steps in
rupee breaches 85 level: The rupee crossed 85/$1 intraday on strong foreign inflows before closing at 85.03. RBI likely intervened to curb sharp appreciation amid positive equity momentum.
Commodity Radar: Expect gold prices to soften ahead of Akshaya Tritiya. Buy on dips, recommends Jateen Trivedi
Gold prices have softened after reaching a lifetime high of Rs 99,358 per 10 grams on the MCX. The June contract is down 5% to Rs 94,484, influenced by easing US-China trade tensions and a stronger US dollar. Technical indicators suggest cooling momentum, with resistance at Rs 97,800–98,200 and support near Rs 93,000. Analysts anticipate a range-bound consolidation phase ahead.
What is keeping gold prices near lifetime highs?
Gold prices are near lifetime highs. Global investors are retreating from US assets, causing the dollar to fall. President Trump pressured the Federal Reserve for rate cuts. Trade tensions and geopolitical uncertainties increased demand for gold. Tariffs imposed by the US and retaliatory tariffs by China raised global recession worries.
Rupee could be much stronger by year-end: Nomura
Nomura expects the Indian rupee to strengthen to 84/$1 by December 2025, driven by a weaker dollar index, foreign inflows, easing inflation, and RBI reserve accumulation. Improved investor sentiment and India's EM appeal support this outlook.
Rupee dips the most in 2 weeks against dollar
The Indian rupee fell 24 paisa to 85.42 per dollar on Wednesday, pressured by a strong dollar index and position unwinding after failing to breach 85/$1.
Bond yields ease, Rupee strengthens amid RBI liquidity infusion
Bond yields fell to their lowest since 2021 amid RBI's liquidity measures and rate cut hopes. The rupee strengthened to 85.12/$ on foreign inflows and a weak dollar. Traders expect further appreciation and easing in yields, supported by RBI’s bond purchases, FX swaps, and an upcoming dividend.
Rupee jumps, hedging costs slide as dollar keeps taking punches
The Indian rupee gained strength as the dollar faced pressure. This was due to concerns about the independence of the Federal Reserve. President Trump's criticism of Chair Jerome Powell fueled these worries. Other Asian currencies also saw gains. The dollar index hit a multi-year low. Investors are watching closely for any further moves affecting the Federal Reserve.
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