– Sensex rose by 149.47 points (0.18%) to reach 82,349.81.
– Nifty gained by 36.80 points (0.15%) at a level of 25,126.20.
– Foreign institutional investors offloaded equities worth Rs 1,681 crore on Monday.
The slight appreciation of the rupee highlights fragile optimism within India’s forex market despite broad global uncertainties like tariff disputes and oil price shifts affecting sentiment across sectors.the ongoing India-US trade negotiations carry critical implications for exporters who could be significantly impacted if agreements remain stalled beyond august’s deadline.
Domestically, strong equity performance has lent temporary support to the rupee; though, external factors such as fluctuating oil prices and international trade conflicts weigh heavily on broader economic prospects that transcend forex movement alone.
India’s ability to manage sensitive diplomatic engagements with major economies like the US will remain essential in navigating these upcoming challenges effectively while protecting economic growth trajectories.