S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Indian rupee fell to around 96.4 per dollar, reaching its lowest level since May as sentiment deteriorated after escalating tensions in the Middle East drove oil prices higher. Investor concerns over India’s import bill and inflation outlook intensified after Brent crude climbed above $90 per barrel, extending its July rally as the US carried out a ninth consecutive night of strikes on Iran following the collapse of an interim ceasefire. The rupee has lost about 1.7% this month, with traders warning that Brent crude rising above $95 per barrel could push the currency to fresh all-time lows unless the Reserve Bank of India intervenes more aggressively. Meanwhile, investors also monitored foreign portfolio flows after recent policy measures aimed at attracting dollar inflows, with overseas investors having net purchased $2.3 billion of Indian stocks and bonds so far in July, while markets awaited a decision on the inclusion of Indian government bonds in a global debt index.
