India’s rupee and equity markets experienced significant surges following a US-India trade deal that reduced tariffs. The Nifty and Sensex saw substantial intraday gains, while the rupee appreciated, though the central bank intervened to moderate its rise. This agreement is expected to boost foreign investment and improve India’s growth outlook.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.
September 23, 2026