Indian rupee dips to 94.81 after UAE announced OPEC exit
NewsBytes | April 30, 2026 1:39 AM CST
Markets open higher despite ₹2,100cr outflows
Interestingly, India's stock market started strong despite the weaker rupee; Sensex and Nifty both opened higher.
Still, foreign investors pulled out over ₹2,100 crore on Tuesday.
On top of that, India's industrial production growth hit a five-month low in March, mostly thanks to the sluggish manufacturing and power sectors; another sign of how global issues are hitting home.
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