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The Rupee has weakened against major currencies, but volatility remains low. Market participants view this move as controlled. Stable macro fundamentals, with Brent crude below 70 dollars and reserves above 700 billion dollars, provide comfort. Future Rupee weakness may serve as a policy lever. Any such adjustment is expected to be gradual.

Japan s two-year bond yield surged to a 16-year high after its weakest auction demand in 16 years, driven by hawkish central bank comments and increased supply. Investors grew cautious amid debates on early interest rate hikes. However, declining U.S. Treasury yields limited the overall increase.

The dollar/rupee swap rate increased on Tuesday. This rise was linked to quarter-end flows. The spot rate stayed stable. It remained near its all-time low. Banks parked excess dollars. Markets now anticipate the Reserve Bank of India s policy. The RBI will decide on interest rates tomorrow. This decision will guide the rupee s direction.

Seshaasai Technologies shares fell nearly 7% from their listing price post-debut, sliding to Rs 405.80 on the BSE after opening with a modest premium over its IPO.

Anand Rathi shares rose after listing on the exchange. The company s business model includes multiple revenue streams. Client participation and financial product distribution drive income. Experts note the shift in household savings to financial assets. This trend offers growth opportunities for the company.

Anshul Saigal anticipates a positive market turnaround with reasonable valuations and improving earnings ahead of the festive season. He is bullish on discretionary consumption, defence, and renewables, citing government push and regulatory easing for NBFCs. These sectors are poised for significant tailwinds and growth opportunities.

India s National Stock Exchange will offer a daily expiry on GIFT Nifty contracts to foreign investors via a tax-neutral jurisdiction as it seeks to attract more global funds, diverging from domestic markets tighter equity derivatives rules.

The persistent trade tensions between New Delhi and Washington have fuelled heavy demand for the U.S. dollar.

Tuesday saw disappointing debuts for Jaro Institute, Seshaasai Technologies, and Solarworld Energy Solutions, as all three stocks fell below issue prices despite strong subscription. Selling pressure, weak market sentiment, and high valuations drove declines, though fundamentals remain strong. Analysts suggest holding or accumulating on dips for long-term investors.

Indian equity markets remain range-bound, awaiting sustained earnings upgrades for a breakout, despite FII weakness chasing AI stocks globally. Ashish Gupta of Axis Mutual Fund highlights NBFCs and capital goods as key beneficiaries, driven by anticipated rate cuts and robust private capex. RBI is expected to lower inflation forecasts and may cut rates by year-end.