Indian Rupee Is Trading at 95.4475 against US Dollar

Financial Market Overview

Indian Rupee

On Friday, the Indian rupee is trading at 95.4475 versus the US dollar. India's onshore markets are experiencing a tug-of-war between rising crude oil prices driven by Middle East tensions and a recovery in capital inflows. While higher energy costs and a firm US dollar have pressured the Indian Rupee and lifted bond yields, recovering portfolio inflows and central bank interventions have helped stabilize the currency, with expectations that the rupee will trade with a floor around 95.00.

Indian Equities

Indian benchmark indices opened higher on July 31, 2026, driven by positive global cues, strong corporate earnings, renewed foreign institutional investments, and declining crude oil prices. While the broader market sentiment remained upbeat with advancing stocks outnumbering decliners, the IT sector faced a decline, whereas auto and select high-performing stocks like Bajaj Finance and Mahindra & Mahindra posted strong gains to support the positive market momentum.

Global Market

Asian markets displayed mixed to positive results. The Nikkei 225 rose 2,523.57 points to 64,391.00, while the Hang Seng rose 83.12 points to 25,942.00 and the Shanghai Composite rose 27.57 points to 3,832.26. Elsewhere, the KOSPI rose 1,001.89 points to 6,595.45, and the Taiwan Weighted rose 3,186.45 points to 43,119.75.

European markets were higher. The FTSE 100 rose 67.83 points to 10,965.10, and the DAX 40 rose 242.27 points to 25,854.30, while the CAC 40 rose 77.06 points to 8,562.70.

US futures traded mixed. Futures tied to the Dow Jones Industrial Average rose 302.50 points to 52,510.56. Meanwhile, S&P 500 futures rose 121.48 points to 7,437.63, and Nasdaq futures rose 681.81 points to 25,124.75.

The price of a barrel of Brent crude fell by 0.88 points to $86.00.