Market Snapshot USD/INR ₹95.27 -0.1% Nifty 50 Index 23,214.95 -0.1% India 10-Year Bond Yield 6.93% +0.03 Spot Gold ($/oz) $4,061.05 -0.3% S&P 500 Futures 7,275.50 -0.0% Market data as of 08:14 AM IST, Jun. 11, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Ashutosh Joshi in Mumbai with a quick pulse check on the markets ahead of Thursday’s o...
Market Snapshot USD/INR ₹95.27 -0.1% Nifty 50 Index 23,214.95 -0.1% India 10-Year Bond Yield 6.93% +0.03 Spot Gold ($/oz) $4,061.05 -0.3% S&P 500 Futures 7,275.50 -0.0% Market data as of 08:14 AM IST, Jun. 11, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Ashutosh Joshi in Mumbai with a quick pulse check on the markets ahead of Thursday’s open. Indian equities may get some support from a partial recovery in Asian shares after the US military said it had completed its latest strikes in Iran. However, renewed pressure on some of the world’s largest tech companies, rising bond yields and a stronger dollar could keep investors cautious. Back home, the Nifty struggled to hold onto early gains on Wednesday, with selling in small- and mid-cap shares dragging the market lower by the close. Metal stocks, one of this year’s best-performing sectors, also slipped as investors continued to lock in profits. The bigger concern is that markets still have little clarity on how the US-Iran conflict will play out. Sentiment may also have been dented by a sharp slowdown in mutual fund inflows in May, even if it’s too early to call it a turning point. For now, a mix of prolonged geopolitical uncertainty, foreign selling and signs of fatigue in some of the market’s recent winners is making it harder for the Nifty to build momentum. In today’s newsletter, we write about: Supply squeeze in aluminum The El Nino threat to rural plays India’s naval spending But first, banks turn to overseas Indians for dollars. Markets Buzz: Wooing Expat Depositors Banks have begun raising foreign-currency deposit rates under the RBI’s push to draw inflows from Indians living abroad. With the central bank absorbing the cost of hedging against rupee weakness, some lenders are offering 6% to 7.1% on five-year dollar deposits. That is comparable to, or even higher than, domestic deposit rates and well above the roughly 4.75% available from US banks. The r...
(RTTNews) - Indian shares are likely to open on a cautious note on Thursday as concerns mounted about a re-escalation of the Middle East conflict and a stronger U.S. inflation print reinforced expectations that borrowing costs would remain higher for longer.
(RTTNews) - Indian shares are likely to open on a cautious note on Thursday as concerns mounted about a re-escalation of the Middle East conflict and a stronger U.S. inflation print reinforced expectations that borrowing costs would remain higher for longer.