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The rupee rebounded strongly from its all-time low towards the US greenback on Tuesday (March 10, 2026), gaining 36 paise to settle at 91.85 (provisional), helped by a plunge in world oil costs on the again of hopes of de-escalation of the continued battle in West Asia.
A pointy rise within the home inventory market and a weaker greenback additional supported home shares, international change merchants mentioned.
In interbank international change, the rupee opened at 91.92 rupees towards the US greenback, traded within the vary of 91.71-92.19 {dollars}, and settled at 91.85 rupees (provisional), up 36 paise from the earlier shut.
On Monday (March 9, 2026), the rupee depreciated by 39 paise towards the US greenback, collapsing to an all-time low of $92.21 on Monday (March 9, 2026) because of the sharp rise in world oil costs and the strengthening of the greenback.
“The rupee recovered from its report lows as risk-off sentiment in world markets eased after US President Donald Trump indicated that army goals with Iran have been achieved and the struggle with Iran might finish quickly,” mentioned Anuj Chaudhary, analysis analyst at Mirai Asset Sharekhan.
“We anticipate the rupee to commerce with a slight optimistic bias because of the robust home market and weaker greenback. The dollar-Indian rupee spot worth is predicted to stay within the vary of $91.60-$92.20,” he mentioned.
In the meantime, world oil benchmark Brent crude fell 8.31% in futures buying and selling to commerce at $90.74 per barrel because the struggle between the US, Israel and Iran escalates.
The greenback index, which measures the greenback’s energy towards a basket of six currencies, was buying and selling 0.52% decrease at 98.65.
Within the home inventory market, the Sensex rose 639.82 factors to settle at 78,205.98, whereas the Nifty rose 233.55 factors to 24,261.60.
International institutional buyers bought shares value Rs 6,345.57 crore on a web foundation on Monday (March 9, 2026), based on change knowledge.
