Indian equities opened lower as a surge in crude oil, foreign investor selling, and geopolitical jitters weighed on sentiment, extending the cautious tone from recent sessions. The
Indian equities opened lower as a surge in crude oil, foreign investor selling, and geopolitical jitters weighed on sentiment, extending the cautious tone from recent sessions. The rupee weakened further under oil-driven pressure, with the central bank continuing to intervene as a buffer, while firms are lining up debt issuance ahead of a possible rate hike. Domestic headlines stayed noisy, from protests over the election commissioner to tariff and carbon tax discussions with Europe, adding to the sense of a market waiting for clearer direction.
Sources
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