The Indian rupee touched a historic low on Tuesday, breaching the 91-mark against the US dollar for the first time. The sharp fall highlights growing pressure on the domestic currency amid continued foreign fund outflows and weak capital inflows.
The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts believed that the rupee's weakness is being reinforced by deteriorating trade fundamentals.
The selling pressure returned to Indian markets on Thursday after a brief bounceback in the previous trading session, as persistent foreign investor outflows weighed on sentiments.
Indian stock market opened lower on Thursday, declining for a fifth straight trading session as continued foreign fund outflows and US visa curbs kept market participants on edge.
Foreign portfolio investors (FPIs) have sold equities worth over Rs 1 lakh crore from Indian markets in less than two months of 2025, according to data released by the National Securities Depository Limited (NSDL).
Selling pressure mounted on the Indian stock markets on Thursday after the SEBI regulation on F&O, and with another main reason being the continued foreign outflows from Indian markets to other Asian markets.