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Nifty slips below 24000 as rupee weakens and crude jumps what to watch today

Economy
Published on 29 April 2026
Nifty slips below 24000 as rupee weakens and crude jumps what to watch today

Traders eye crude and currency shifts after FIIs sell

Indian markets fell on Tuesday, with the Nifty closing below 24,000. Analysts cite turmoil in West Asia, rising crude oil prices, and a weakening rupee pushing the currency near a one-month low versus the dollar. Foreign institutional investors also kept selling, adding pressure as traders track these macro signals for the next session.

  • Nifty closed below 24,000 amid broader market weakness
  • Rupee slid near a one-month low versus the dollar
  • Rising crude oil linked to West Asia tensions pressured sentiment
  • FIIs continued selling, intensifying downside risk
Read the full story at The Economic Times

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

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