Country: IN | Published: 2026-09-23
India's market pulse looks mixed today, with the main ETF drifting lower even as business activity rebounded to a three-month high on solid manufacturing readings. The rupee slippe
India's market pulse looks mixed today, with the main ETF drifting lower even as business activity rebounded to a three-month high on solid manufacturing readings. The rupee slipped as firmer dollar expectations tied to Fed policy weighed on it, and the central bank appears to be defending the currency through swaps while draining excess cash. Trade headlines add a layer of uncertainty, with a possible US-China reset carrying both gains and risks for New Delhi, while domestic news stays noisy around election commission friction and farmer protests.