Indian Rupee Finished The Day at 95.25

The Indian rupee closed at 95.25 on Thursday in comparison to its previous closing 95.225 on Wednesday evening. Indian Rupee (INR) against the US Dollar (USD), with the USD/INR currency pair hovering near 95.30 due to sustained pressure from elevated global oil prices. Because India relies heavily on foreign energy imports, high oil costs naturally weaken the local currency, though potential intervention by the Reserve Bank of India (RBI) has helped cushion steeper declines. Crude oil market tensions remain heightened following reports of potential joint military actions against Iran by the US and Israel, alongside recent Houthi missile strikes on Saudi Arabia's primary refinery. Simultaneously, the US Dollar has regained fundamental strength after the Federal Reserve opted to hold key interest rates steady within the 3.75% to 4.00% range, further bolstering USD momentum.

At close, the Sensex was up 905.01 points or 1.24 percent at 74,151.04, and the Nifty was up 237.90 points or 1.05 percent at 22,936.75.

About 2443 shares advanced, 1615 shares declined, and 127 shares unchanged.

Biggest Nifty gainers were Adani Ports, Adani Enterprises, Kotak Mahindra Bank, Power Grid Corp, Eternal, while losers included Trent, Bajaj Auto, Maruti Suzuki, SBI Life Insurance and Hindalco Industries.

Indian equity markets rebounded strongly on October 29, 2026, driven by renewed buying interest across financial services, FMCG, and realty sectors, supported by the US Federal Reserve's decision to maintain interest rates unchanged at 3.75 percent to 4 percent. The Sensex surged 905.01 points or 1.24 percent to close at 74,151.04, while the Nifty 50 advanced 237.90 points or 1.05 percent to reclaim the 22,936.75 mark. Market breadth remained positive, accompanied by a 4 percent decline in India's volatility index, reflecting reduced investor nervousness. Sectorally, Nifty FMCG and Realty outperformed with gains exceeding 2 percent, whereas the auto sector faced mild headwinds. Major blue-chip gainers included Adani Ports, Power Grid, and Kotak Mahindra Bank, whereas select equities like Trent and Bajaj Auto experienced downward pressure. Meanwhile, the Indian rupee remained relatively flat near 95.25 against the US dollar, supported by foreign institutional inflows and central bank intervention, though persistent global crude oil prices hovering above US$110 per barrel continued to pose macro-level risks.