Download the app
← Latest news

Indian markets wobble as rupee slides and FIIs dump despite strong macro backdrop

Economy
Published on 24 April 2026
Indian markets wobble as rupee slides and FIIs dump despite strong macro backdrop

AI-driven trades and delayed deals may be driving the chaos

Indian markets are taking sharp hits even with a strong macro picture, as the rupee weakens and massive FII sell-offs spread panic. The unusual disconnect is linked to AI-driven trade flows and delays in trade deals, amplifying volatility. Analysts suggest 2026 may improve if valuations normalize, reforms accelerate, and rupee stability brings FII interest back.

  • Rupee depreciation and major FII outflows are unsettling markets
  • AI trade flows and trade-deal delays may be worsening the disconnect
  • Valuations are set to normalize as volatility peaks
  • Reforms and rupee stabilization could revive FII flows in 2026
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.