foreign exchange market

India's NSE and BSE have temporarily restricted website access for overseas users following a joint meeting where cyber threats were discussed. This precautionary measure, prompted by heightened geopolitical tensions and continuous monitoring of cyber traffic, aims to protect users and systems. Foreign investors' trading capabilities in Indian markets remain unaffected, and access is being granted on a case-by-case basis.

The Indian rupee faced a sharp decline of 42 paise, settling at 84.77 against the US dollar. This drop followed India's military actions, Operation Sindoor, targeting terror camps in Pakistan. Geopolitical tensions and a stronger dollar added pressure. Despite the rupee's fall, domestic equity markets closed higher. Foreign investors were net buyers. Analysts expect continued volatility amid these tensions.

Moody's Rating warns that escalating tensions with India could negatively impact Pakistan's growth, fiscal stability, and macroeconomic situation. Pakistan's weak fundamentals and reliance on IMF bailouts make it vulnerable. While Pakistan's economy shows signs of improvement, persistent tensions could strain its foreign exchange reserves and access to external financing. In contrast, India's economy is expected to remain stable, with minimal disruption due to limited economic ties with Pakistan.

Taiwan's dollar saw a significant surge, the largest since 1988. This happened amid speculation about potential trade negotiations with the United States. Taiwan's central bank addressed the surge, attributing it partially to market rumors. They also clarified that the US hadn't demanded currency appreciation. The surge impacted local exporters and life insurance companies.

The rupee strengthened to 84.30 against the US dollar, a 27 paise gain, fueled by lower crude oil prices and robust domestic stock market performance. Sustained foreign investor inflows further bolstered the rupee. The BSE Sensex and NSE Nifty also saw gains. India's forex reserves increased for the eighth consecutive week, reaching USD 688.

Following the Pahalgam terror attack and escalating tensions, Indian stock markets have shown resilience, with Nifty 50 and BSE Sensex rising. Conversely, Pakistan's stock market crashed, reflecting economic vulnerabilities and investor jitters.

Stock market today: The NSE Nifty increased by 114.45 points or 0.47 per cent to 24,461.15. The BSE benchmark of 30 shares gained 294.85 points or 0.37 per cent, closing at 80,796.84, continuing its upward trend.

Following India's military operations targeting terrorist facilities in Pakistan and Pakistan-occupied Kashmir, the Pakistani stock market plummeted by 5%. In contrast, Indian markets displayed resilience, quickly recovering.

The RBI's FY25 income from foreign exchange reserves is projected to be higher due to elevated US treasury yields, potentially boosting the central bank's dividend payout to the government. Increased interest earnings on foreign currency assets and substantial dollar sales are expected to contribute to this rise.

Following the April 22, 2025, terrorist attack in Jammu & Kashmir, tensions between India and Pakistan have escalated, impacting financial markets. Pakistan's KSE-100 index has declined by approximately 4%, while India's Sensex has gained 1.5%, reflecting differing economic resilience.

Amidst US tariff hike proposals in April, Indian investors demonstrated savvy investment strategies by increasing their investments in overseas equities, particularly in the US. Platforms like INDMoney and HDFC Securities reported significant surges in investment activity, with a notable rise in new investors targeting US stocks. This enthusiasm was fueled by the perception of market volatility as a buying opportunity, especially in sectors like AI and tech.

RBI Governor Sanjay Malhotra affirmed India's commitment to market reforms despite global protectionism, highlighting liberalisation in key sectors and near-total FDI automatic route. He projected India as a dynamic powerhouse, crediting monetary policy for taming inflation with recent rate cuts. India's economy demonstrates resilience with strong growth, aiming to be a developed nation by 2047.

New Delhi can make Islamabad pay by following BCCI’s approach. Use its bigger market. Take away Pak’s textile exports by reconfiguring the sector here. Or insert ‘not in/to Pakistan’ clauses in defence & FDI deals

Puneet Jaggi, a promoter of Gensol Engineering, has been detained by the Enforcement Directorate. He will be questioned about alleged FEMA violations. The probe focuses on potential fund diversions for foreign exchange acquisition. Searches occurred in Delhi, Gurgaon, and Ahmedabad. Anmol Jaggi, his brother, is expected to be summoned soon.

Stock market today: Stock market indices Nifty and Sensex ended slightly higher in volatile trading on Tuesday, with investors showing caution over geopolitical tensions.

Stock market today: The NSE Nifty decreased by 81.55 points (0.33%) to 24,379.60. The BSE Sensex fell 155.77 points (0.19%) to close at 80,641.07, after dropping 315.81 points (0.39%) to 80,481.03 during the session.

Republican lawmakers have urged the SEC to delist 25 Chinese companies from US stock exchanges, citing national security concerns and alleged ties to the Chinese military. The lawmakers assert that these companies benefit from American investment while advancing the objectives of the Chinese Communist Party.

Stock market today: The benchmark indices Nifty and Sensex remained range-bound and concluded flat on Wednesday amidst high volatility, influenced by heightened geopolitical tensions and selling pressure in Bajaj twins.