Rupee sinks to new low as soaring Brent nears $110

The Indian rupee hit a record low of 92.63 against the US dollar on Wednesday, driven by high crude oil import costs and corporate demand for dollars. Despite RBI’s efforts to defend the 92.50 level, the rupee breached it following the release of oil premium data. Analysts anticipate further weakening if oil prices and geopolitical tensions persist.

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HCL Tech tumbles 4.5% as analysts cut price targets

HCL Technologies shares dropped significantly on Tuesday following analyst target reductions. Most foreign brokerages trimmed their price targets after the company’s first-quarter results. The Nifty

July 15, 2026

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