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Rupee gets a boost, but challenges remain
Business
The Indian rupee inched up to 88.51 against the US dollar on Wednesday morning, thanks to lower global oil prices, although volatile equity markets weighed on investor sentiment.
Still, the rupee is feeling pressure from a strong US dollar and foreign investors pulling money out of Indian stocks.
What's moving the markets?
Everyone's watching India-US trade talks and waiting for fresh economic data (like PMI numbers) to see what's next.
Meanwhile, the Sensex slipped by 46 points and Nifty dropped by 8 points after foreign investors sold off over ₹700 crore in shares on Tuesday—showing that global uncertainty is keeping things unpredictable for now.