Stock markets upbeat, BSE adds ₹5.1 lakh cr as rupee appreciates and crude dips
At the interbank foreign exchange, the rupee opened at 96.18 and touched the low of 96.27 and high of 95.78 against the greenback during the session, finally settling at 95.92 (provisional) against the dollar, up 61 paise against its previous closing level. “Despite continued vulnerability to oil related volatility arising from geopolitical tensions, technical indicators have shifted materially. Investor confidence strengthened as easing Iran-US tensions pushed crude oil prices lower, reducing inflation concerns for India,” according to Gaurav Garg, Analyst, Lemonn Markets Desk. (with inputs from PTI)
- ▪At the interbank foreign exchange, the rupee opened at 96.18 and touched the low of 96.27 and high of 95.78 against the greenback during the session, finally settling at 95.92 (provisional) against the dollar, up 61 paise against its previo
- ▪“Despite continued vulnerability to oil related volatility arising from geopolitical tensions, technical indicators have shifted materially.
- ▪Investor confidence strengthened as easing Iran-US tensions pushed crude oil prices lower, reducing inflation concerns for India,” according to Gaurav Garg, Analyst, Lemonn Markets Desk. (with inputs from PTI)
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| Original publisher | The Hindu |
| Canonical URL | https://www.thehindu.com/business/stock-markets-upbeat-bse-adds-51-lakh-cr-as-rupee-appreciates-and-crude-dips/article71272793.ece |
| Publication time | Mon, 27 Jul 2026 19:49:34 +0530 |
| Retrieval time | 2026-07-27T14:26:23.336Z |
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Opening excerpt (first ~120 words) tap to expand
A sharp fall in crude oil prices amid easing tensions in West Asia and appreciation of rupee, propped up India’s equity markets with Bombay Stock Exchange (BSE) gaining more than 1%, adding ₹5.10 lakh crore in capitallisation.The 30-share BSE Sensex closed 1.02% higher at 76,835.78 points and the 50-share National Stock Exchange (NSE) Nifty surged 228.50 points, or 0.96% to 23,995.95 points.More than 2,250 stocks increased of the 3,446 that traded on Monday and all the sectoral indices improved, suggesting a broad-based rally.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.