The Indian rupee, which fell nearly 5% in 2025, is expected to stabilise in 2026, according to SBI Funds Management. The currency underperformed most emerging-market peers last year despite a weaker US dollar globally. SBI predicts the rupee will depreciate by only around 2% in the financial year 2026-27, with the exchange rate likely hovering…
Benchmark equity indices Sensex and Nifty ended lower on Friday as investors booked profits in a holiday-truncated week. Continuous selling by foreign institutional investors and a weak rupee weighed heavily on market sentiment. The lack of fresh triggers also kept traders cautious. Sensex and Nifty Trade Lower At around 10 am, the Sensex traded 202.53…
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