Key Highlights
- policy actions and potential tariff measures targeting countries that import Russian oil.
- Domestic institutional flows continue to provide stability, highlighting underlying resilience even as FIIs stay cautious.
- The rupee has stabilised near 91.50–91.60 after testing record lows around 91.72, supported by risk-on sentiment and possible RBI intervention.
- This stabilisation offers temporary relief on imported inflation concerns, though currency sensitivity to capital flows remains high.
- India VIX has moderated marginally, indicating easing near-term volatility.
