By Admin 
Rupee vs dollar: For the last few days, the rupee was under pressure due to strength in the US dollar and the decline in the Indian stock market. However, recovering from All Time Low, on the second business day of the week, on Tuesday 30 September 2025, the rupee was strengthened. The rupee rose by three paise to 88.72 against the US dollar in early trade amid the fall in crude oil prices and positive perception in the domestic stock market.
Anuj Chaudhary, the research analyst (currency and commodity) of Mirae Asset Sharekhan, says that the rupee will remain weak due to the rising prices of weak domestic markets and crude oil. The demand for the Masant of the importers can also put pressure on the rupee. However, due to weakness in dollar and any intervention of the Reserve Bank, the rupee can support the lower levels.
Rupee strengthening
According to Forex traders, the slight strength in the dollar and the withdrawal of foreign capital limited the rupee. At the same time, investors are waiting for the decision of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), which will be announced on Wednesday. The rupee opened at 88.73 against the US dollar in the Interbank Forex Exchange Market and then came to 88.72, which shows a lead of three paise in the previous closed price. The rupee closed at 88.75 on Monday.
Stock market boom
The dollar index showing the US dollar position rose 0.04 percent to 97.94 against the six major currencies. In the domestic stock market, the BSE Paras 30 -point Sensex climbed 312.88 points to open at 80,677.82 in early trade. Whereas, the Nifty 50 on NSE also rose 96.90 points to 24,731.80. Today’s top gainers have shares of Titan, Asian Paints and Power Grid. Apart from this, the shares of consumer durables are also seeing tremendous boom.
International standard Brent crude fell 0.79 percent to $ 67.43 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Monday. He purely sold shares worth Rs 2,831.59 crore.
Also read: Market boom after seven days fall, Sensex rises 250 points, Nifty also crosses 24500