The Hindu
Elections 2026Markets / The Hindu
The 30-share BSE Sensex climbed 285 points to 77,944.02 in early trade
After remaining in negative territory for most part of the day, the 30-share BSE Sensex bounced back during the fag-end of trading
Forex traders said the overall weakness in the U.S. dollar on declining odds of a rate hike may support the rupee at lower levels
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Forex traders said the RBI's continued intervention through state-run banks helped prevent a sharper decline
HCL Tech, Tech Mahindra, Maruti, NTPC, Power Grid and Bajaj Finance were among the major laggards
At the interbank foreign exchange, the rupee opened at 95.69, then rose to 95.65, higher by 9 paise from its previous close
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.82, lower 0.01%.
The 30-share BSE Sensex was down 278.32 points to 77,450.64 in early trade. The 50-share NSE Nifty edged lower by 57.65 points to 24,230.45
Forex traders said Brent crude near $91 per barrel increased oil-related dollar demand and the Reserve Bank's earlier-than-expected closure of the concessional FCN (B) forex-swap facility raised concerns over future dollar inflows.
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At the interbank foreign exchange, the rupee opened at 95.50, then fell to 95.59, down 17 paise from its previous close.
Brent crude, the global oil benchmark, was trading higher by 0.16% at $87.21 per barrel in futures trade.
Forex traders said investor sentiment remains fragile as the standoff between US and Iran does not seem to be coming to an end
Chairman N. Chandrasekarans decision not to seek reappointment has sparked investor concerns, leading to significant declines in key Tata Group stocks amid broader market losses.
From the Sensex pack, Bharti Airtel, Mahindra&Mahindra, UltraTech Cement, Adani Ports, Titan and Bajaj Finance were among the major laggards
Markets are increasingly sceptical about a quick U.S.-Iran agreement, while reports of attacks on shipping have renewed concerns about physical supply, forex traders said
From the Sensex pack, UltraTech Cement, Axis Bank, InterGlobe Aviation, Bharti Airtel, Bajaj Finance and Power Grid were among the major laggards.
The overall mutual fund industry saw a sharp turnaround in July, recording a net inflow of around 2.36 lakh crore
At the interbank foreign exchange market, the rupee opened at 95.38 against the U.S. dollar and maintained that level till the time of publishing the copy
From the Sensex pack, InterGlobe Aviation, Axis Bank, UltraTech Cement, Bharti Airtel, Eternal and Bajaj Finance were among the laggards
The 30-share BSE Sensex was up 43.27 points, or 0.06%, to settle at 78,542.44; during the day, it hit a high of 78,676.98 and a low of 78,298.92, gyrating 378.06 points
At the interbank foreign exchange market, the rupee opened at 95.18 and traded in a narrow range of 95.18-95.31 during the day
The FII inflows and a rise in the countrys forex reserves capped a sharper fall in the local unit, forex traders said
Tata Consultancy Services, Mahindra & Mahindra, State Bank of India, and Tech Mahindra were among the winners
Forex traders said risk aversion in global markets due to uncertainty on the deal between Iran and Oman and an overnight jump in crude oil prices weighed on investor sentiments
On a standalone basis, the bank's net profit grew 10.23% on-year to 21,121.22 crore as against 19,160.44 crore in April-June 2025, as per an exchange filing
The 30-share BSE Sensex declined 235.36 points to 78,699.80 in early trade. The 50-share NSE Nifty dipped 24.30 points to 24,608.25

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