Country: IN | Published: 2026-09-16
Indian shares rebounded after two days of losses, with banks and consumer stocks leading the recovery ahead of the US Fed meeting. The rupee still closed at a record low against th
Indian shares rebounded after two days of losses, with banks and consumer stocks leading the recovery ahead of the US Fed meeting. The rupee still closed at a record low against the dollar as oil prices stayed elevated, and the central bank reportedly stepped in to smooth the move, keeping import cost concerns alive. IT names like Infosys drifted lower, while attention turned to a potential listing from a major conglomerate, with valuation questions hanging over the deal.