Country: IN | Published: 2026-09-23
India's market pulse stays mixed, with shares roughly flat as foreign outflows offset broader Asian gains even though business activity climbed to a three-month high on solid manuf
India's market pulse stays mixed, with shares roughly flat as foreign outflows offset broader Asian gains even though business activity climbed to a three-month high on solid manufacturing readings. The rupee remains under pressure from firmer dollar expectations tied to Fed policy, and the central bank appears to be defending the currency through swaps while draining excess cash. On the trade front, momentum is building with an EU free trade deal set for signing in December, a possible New Zealand agreement, and Germany signaling readiness on a submarine deal, though domestic headlines stay noisy around election commission friction.