As the Indian stock markets have moved from earnings-driven to oil-driven trading in the near term, analysts expect higher-for-longer prices to drive another 8-10% correction in Sensex and Nifty 50.
5 min read04:52 PM ISTThe rupee opened at 93.17 against the US dollar on April 15, gaining support from lower oil prices and positive sentiment about US-Iran peace talks. Brent crude fell to $94.40, as discussions may restart in Pakistan, according to US President Trump.
2 min read09:09 AM ISTThe Indian rupee weakened to 93.28 on April 13, amid rising oil prices and a volatile ceasefire between the US and Iran. Stock indices declined, with the Sensex dropping over 1600 points. Concerns about inflation and economic outlook persist for oil-importing India.
2 min read13 Apr 2026Banks rushed to cut forex exposures to meet RBI’s NOP cap, hitting profits and disrupting strategies. While the move has stabilized the rupee, lenders expect the ‘temporary’ curbs to stay longer amid global uncertainties and continued currency volatility.
3 min read10 Apr 2026The rupee traded at 92.57 against the US dollar on April 10, boosted by RBI actions but facing downward pressure from high oil prices and equity outflows. Analysts expect limited strength for the currency as uncertainties persist in global markets and economic conditions remain challenging.
2 min read10 Apr 2026On April 9, the Indian rupee opened at 92.66 against the US dollar, influenced by concerns over oil shipments amid the Iran ceasefire. Brent crude futures rose over 2%, while the RBI maintained the repo rate at 5.25%, projecting stable economic growth and robust forex reserves.
2 min read9 Apr 2026Markets rode a wave of relief as a break in the US-Israel-Iran war softened crude oil prices and allayed fears of disaster. Indian stock market indices went up nearly 4% on Wednesday. But then, peace is easier sought than achieved.
1 min read9 Apr 2026The rupee strengthened by 36 paise to 92.64 per dollar, aided by falling oil prices and a ceasefire in the Middle East. Analysts predict stability for the rupee, with the Reserve Bank of India expected to maintain interest rates amid rising inflation concerns.
2 min read8 Apr 2026The Axis Bank chief economist's comments come at a time when the local unit has fallen by 4.5% against the dollar since the war in West Asia began on 28 February, and 11% in FY26, hitting an all-time low of 95.1250 per dollar on 30 March.
2 min read7 Apr 2026DSP Mutual Fund suggests that foreign investor flows into India may be reversing due to weak macro sentiment and reasonable valuations, creating contrarian opportunities for global investors. Despite significant outflows, the current market environment could attract foreign capital in the future.
4 min read7 Apr 2026