The Indian rupee strengthened to 95.20 against the US dollar on Monday as optimism over a possible US-Iran peace agreement, falling crude oil prices, and progress in India-US trade negotiations boosted market sentiment. Investors are now closely watching the RBI’s $5 billion USD/INR swap auction scheduled this week.
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The Indian rupee strengthened to 95.20 against the US dollar on Monday as optimism over a possible US-Iran peace agreement, falling crude oil prices, and progress in India-US trade negotiations boosted market sentiment. Investors are now closely watching the RBI’s $5 billion USD/INR swap auction scheduled this week.
Trump is contemplating further tariffs on China and intends to put tariffs on Canada and Mexico on Saturday.
Given how poor the EU economy is, markets are more than fully priced on the ECB to lower rates by 25 basis points to 2.75% later on Thursday
The rise of China's DeepSeek free AI assistant, which it claims utilizes cheaper processors and less data, caused a widespread shakeout in financial markets
Ahead of this week's European Central Bank policy meeting, where the central bank is anticipated to reduce borrowing costs, the euro was down 0.14% at $1.0474.
The yen was barely moving at 156.11 to the dollar before the decision, hovering around a one-week low from the previous session.
Indian benchmark indices rebounded on June 2, 2026, ending a four-session losing streak as a powerful rally in IT stocks lifted market sentiment. Nifty IT surged over 4%, supported by AI-driven growth expectations, positive global technology cues, and strong buying in large-cap tech stocks such as TCS, Infosys, and HCL Technologies. While consumer sectors also advanced, banking and financial stocks remained under pressure amid concerns over rising crude oil prices and inflation risks.
South Korea's stock market capitalization has surpassed India's for the first time, fueled by a massive AI-driven rally in semiconductor giants Samsung Electronics and SK Hynix. While Korea benefits from global demand for AI infrastructure and corporate governance reforms, India's long-term investment story remains anchored in economic growth, rising incomes, and domestic consumption.
The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.
MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.
Indian benchmark indices rebounded on June 2, 2026, ending a four-session losing streak as a powerful rally in IT stocks lifted market sentiment. Nifty IT surged over 4%, supported by AI-driven growth expectations, positive global technology cues, and strong buying in large-cap tech stocks such as TCS, Infosys, and HCL Technologies. While consumer sectors also advanced, banking and financial stocks remained under pressure amid concerns over rising crude oil prices and inflation risks.
South Korea's stock market capitalization has surpassed India's for the first time, fueled by a massive AI-driven rally in semiconductor giants Samsung Electronics and SK Hynix. While Korea benefits from global demand for AI infrastructure and corporate governance reforms, India's long-term investment story remains anchored in economic growth, rising incomes, and domestic consumption.
The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.
MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.
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