Indian stock markets witnessed sharp volatility after the Union Budget 2026, with the Sensex falling over 1,200 points mid-session after falling nearly 2,000 points at worst. The sharp decline reflected investors’ disappointment over higher trade taxes and the lack of major triggers that could bring foreign investors back into the market, even as the budget […]
The Indian rupee on Wednesday plunged past the psychologically crucial ₹90 mark against the US dollar, its weakest level ever, making it the worst-performing currency in Asia. This sharp decline underlines mounting pressure from continued foreign portfolio outflows, a record trade deficit and stalled trade negotiations between India and the US. This persistent weakness raises […]
Mutual funds and domestic investors continued to show confidence in Reliance Industries Ltd (RIL) during the September quarter of FY26 even as foreign portfolio investors (FPIs) marginally reduced their exposure. According to the official shareholding data filed with the BSE, mutual funds increased their stake in the company to 9.5% in the September quarter compared […]