Country: IN | Published: 2026-09-15
Indian equities remain pinned near five-month lows, with the rupee testing levels where the central bank has historically stepped in as elevated oil prices and US bond yields keep
Indian equities remain pinned near five-month lows, with the rupee testing levels where the central bank has historically stepped in as elevated oil prices and US bond yields keep the pressure on. A narrowing August goods trade deficit on lower gold imports offers some relief, though the shipping lane concerns around Hormuz and Bab el Mandeb keep the oil risk alive. Attention now shifts to the upcoming Fed decision, which could set the tone for currency and bond flows.