Stock market today: BSE Sensex tumbles over 500 points, NSE Nifty50 slips below 22,500
Council news desk is preparing the full on-site briefing for this update.
Rupee ended the previous week at 94.94 against the US dollar, after strengthening to a six-week high of 94.30.
The currency had gained ground following a series of measures announced by the Reserve Bank of India to support it.
However, the recovery faced pressure towards the end of the week as rising oil prices and broader risk aversion weighed on sentiment.
The rupee's movement remained closely linked to developments in the oil market, with Brent crude trading well above $110 a barrel.
Concerns over India's external finances also persisted, keeping attention on the RBI's efforts to contain the currency's losses.
Full detailed coverage is shown on the council website above. Source attribution: Times of India – Business.
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