Dollar’s surge hits Dalal Street, again

BSE’s Sensex fell 770.4 points or 1.29% to close at 58,766.5. NSE’s Nifty dropped 216.5 points or 1.22% to end at 17,542.8. Mid- and small-cap shares ended higher, bucking the weakness in blue chips. The Mid-cap 150 and Small-cap 250 indices advanced almost 0.3% each.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry

September 21, 2026

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