Country: IN | Published: 2026-09-16
Indian shares edged higher after the recent selloff, though gains stayed capped as elevated oil prices and rising US rate expectations weighed on sentiment. The rupee closed at a r
Indian shares edged higher after the recent selloff, though gains stayed capped as elevated oil prices and rising US rate expectations weighed on sentiment. The rupee closed at a record low against the dollar, with the central bank reportedly stepping in to smooth the move, keeping import cost worries in play. On the brighter side, a stronger August trade print with a narrower deficit offered some support, and the Hero Motors IPO drew a fully subscribed book on day one.