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Rupee retreats to 90.44 after deal-fuelled surge
The pullback came amid a cautious global backdrop, with risk appetite weakening as global equity markets fell on concerns over AI-led disruption in the technology sector. European stocks slipped from record highs, US futures remained under pressure after a sell-off in software shares, and volatility persisted across asset classes. In commodity markets, gold extended its rebound, posting its biggest two-day gain in over 17 year.
The pullback came amid a cautious global backdrop, with risk appetite weakening as global equity markets fell on concerns over AI-led disruption in the technology sector. European stocks slipped from record highs, US futures remained under pressure after a sell-off in software shares, and volatility persisted across asset classes. In commodity markets, gold extended its rebound, posting its biggest two-day gain in over 17 year. What's Your Reaction?
