The Indian rupee continued its downward trend, falling to 93.96 against the US dollar amid persistent foreign fund outflows and global crude oil price hikes. Forex traders attribute the sustained weakness to uncertainty surrounding the West Asia crisis. Despite the rupee’s decline, Indian stock markets showed strength, with benchmark indices trading higher.
Stock market today: Nifty50 and BSE Sensex continued their rally on Wednesday rising over 1.5% in early morning trade. While Nifty50 went above 23,250, BSE Sensex rose over 1,100 points.
Stock market recommendations: Aurobindo Pharma, Infosys, and Larsen & Toubro (L&T) – these are the stocks that Mehul Kothari, DVP – Technical Research at Anand Rathi Shares and Stock Brokers has recommended as top stocks to buy today (March 25, 2026):
Analysts are bullish on Fractal Analytics and Tata Power, citing strong growth prospects and positive developments. UBS maintains a buy on ITC, expecting it to beat expectations despite pricing strategy impacts. However, Nuvama and Kotak Institutional Equities express caution on Coal India and Power Grid Corp, respectively, due to potential headwinds and saturated valuations.
Two major railway PSUs, Rail Vikas Nigam (RVNL) and Ircon International, are set to merge to create a larger entity capable of undertaking significant domestic and international projects. This strategic move aims to eliminate duplication, pool resources, and enhance the combined company’s ability to bid for mega infrastructure projects, with a combined order book exceeding
Consumer goods companies are increasing prices and reducing product sizes to offset rising input costs, driven by the West Asia conflict’s impact on crude oil prices. This move aims to protect margins while making products accessible, as firms navigate inflationary pressures and potential demand slowdown.
Indian beer and alcohol producers are bracing for summer supply issues. Rising costs for glass bottles, paper cartons, and fuel, exacerbated by a weaker rupee and global conflicts, are squeezing margins. Brewers warn of potential disruptions as shortages of essential packing materials like glass and aluminum impact production, prompting calls for price revisions.
The Reserve Bank of India is pushing for a unified payments system. Customers will soon see all their payment mandates in one place. This includes UPI and credit card subscriptions. The move aims to protect users from tracking recurring outflows. The RBI is also developing advanced digital platforms for better risk management and customer service.
