The rupee drops to a record low of 89.59/$: reasons why the impressive Q2 GDP doesn’t improve outlook

Despite the staggering GDP figure, the Indian rupee fell to new lows. The solid Q2 GDP report was overshadowed by FII outflows and uncertainties around the US-India trade pact, which kept the rupee trading well below the 89.50/$ barrier. The currency fell significantly from its November low of 89.49/$. Despite the spectacular Q2 GDP numbers,…

Read More

The Sensex adds more than 1,000 points, while the Nifty rises above 26,200, only 72 points from all-time highs.

In today’s trading session, November 26, the Indian equity markets saw a dramatic increase, propelled by strong global cues and widespread purchasing across industries. In midday trading, the benchmarks gained momentum, which they maintained until the closing bell. The Nifty ended the session at 26,205.30, up 320 points or 1.24%, while the Sensex ended the…

Read More

The reasons for the market fall: Nifty closes below 25,900 and Sensex finishes 500 points below the day’s high

In a volatile trading session on November 25, benchmark indexes Sensex and Nifty lost their gains for the day and ended the day in the red. The Nifty was down 74.7 points at 25,884.80, and the Sensex was down 313.70 points at 84,587.01. Approximately 1,972 shares fell, 2,022 shares increased, and 149 shares remained constant….

Read More

PMI data: Private sector growth reaches a six-month low in November, while manufacturing falls to a nine-month low.

In November, industrial growth fell to a nine-month low, offsetting an increase in services, and India’s private sector activity grew at its weakest rate in six months. The S&P Global-compiled HSBC flash India Composite Purchasing Managers’ Index (PMI) fell to 59.9 this month from its final reading of 60.4 in October. The flash India Manufacturing…

Read More

The Indian goods that Trump removed from 50% tariffs include tea, coffee, and spices.

Following India’s sustained significant imports of Russian oil, the US levied retaliatory “reciprocal” import taxes of up to 50% on a variety of Indian goods in August 2025. Textiles, jewelry, leather goods, and fisheries were among the industries severely impacted. But by November 2025, the US government had lifted the punitive tariffs on over 200…

Read More