INDIA MARKET LENS
◆ Mixed

Rupee Breaches 96 Per Dollar Level For The First Time Since July 24

29 Sept 2026 · NDTV Profit

The local currency breached the psychologically important 96 level against the US greenback at open and continued to depreciate further. On Monday, the Rupee closed at 95.98.

Dates in focus
July 24

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.