The Japanese yen strengthened against the dollar following hints of a potential rate hike by the Bank of Japan. The central bank also reduced its monthly bond purchases. Traders are cautious due to U.S. economic policies and inflation concerns. Japan’s Finance Minister reiterated concerns over the sliding yen, hinting at possible intervention to stabilize the currency.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026