Sensex, Nifty Reverse After Rs 10 Lakh Crore Wipeout as Rupee Jumps, Iran Oil Fears Linger

Indian shares swung back from a sharp opening selloff on Thursday to finish slightly higher after Reserve Bank of India action triggered the rupee’s biggest one-day jump since 2013, softening a market shock set off by fresh U.S. threats against Iran. The Sensex rose 0.25% to 73,319.55 and the Nifty 50 gained 0.15% to 22,713.10 after both fell more than 2% intraday, though both still logged a sixth straight weekly decline in the holiday-shortened week.

US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

80/100
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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Times and estimates may change. Verify before trading.