Last Updated on July 7, 2026 11:00 pm by BIZNAMA NEWS
In the forex market today, the rupee appreciated by 44 paise to close at 94 rupees and 96 paise against the US dollar. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies, was trading at 100.87 in intra-day trade today.
Moreover, softness in Brent oil prices is alaos expected to ease inflationary pressures for India, the world’s third-largest oil importer. However, Indian shares ended slightly lower on Tuesday, with benchmark indexes Sensex and Nifty snapping a four-day winning streak. The Indian benchmark equity indices snapped their four-day winning streak, ending marginally lower due to late-session profit booking and weak Asian cues. The NSE Nifty 50 declined by 31.65 points (0.13%) to close at 24,398.70, while the BSE Sensex dropped 104.35 points (0.13%) to settle at 78,180.72.