currency outlook

The rupee hit a record low of 95.33 against the dollar on Thursday, driven by surging crude oil prices and concerns over inflation and capital flows. Suspected RBI intervention helped the currency recover to close at 94.91, though it remains under pressure. The outlook for the rupee is closely tied to the trajectory of global oil prices.

Pakistan's economy faces sustained pressure with double-digit inflation likely to persist due to surging global oil prices amid the Middle East crisis. Rising energy costs and regional instability are projected to slow GDP growth and widen the current account deficit, impacting the stock market and currency.

Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Brokerage views on Infosys remain mixed, with analysts balancing near-term challenges against the company’s long-term positioning. They have expressed a measured outlook on Infosys.

Gold price prediction today: Gold and silver prices are likely to be range bound this week, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

The sell-off was widespread, extending beyond large-cap stocks to the broader market. The Nifty Smallcap 100 index was down 0.5%, while the Nifty Midcap 100 index fell more than 1%.

Gold price prediction today: Gold prices are expected to continue seeing volatility in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Stock market recommendations: Sudeep Shah, Head - Technical Research and Derivatives at SBI Securities has recommended Yatharth Hospital & Trauma Care Services Ltd, and Gujarat Ambuja Exports Ltd as the top stock recommendations for the week.

Infosys faces investor pressure, with its market value dropping significantly despite strong March quarter results. A subdued FY27 revenue growth forecast and industry-wide shifts towards cost efficiency and AI-driven productivity are impacting its outlook. While AI presents new opportunities, it also pressures core business margins.

The fall in HCL Technologies’ stock price wiped out around Rs 38,000 crore in market value and brought its total market capitalisation down to about Rs 3,53,000 crore.

Asian markets showed a mixed performance today. Japan's Nikkei 225 reached new record highs, boosted by technology stocks amid the AI boom. However, rising oil prices and geopolitical tensions, particularly concerning Iran, tempered investor sentiment across other regions. Investors are now keenly awaiting key central bank decisions this week.

Today is Akshaya Tritiya, an auspicious day in the Hindu calendars, believed to bring lasting prosperity and good fortune. Buying gold on this day is considered auspicious. Experts believe that returns on gold over the last few years reinforce its role as a long-term wealth preserver.

Gold price prediction today: Any upside in gold prices is likely to be capped by gains in crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

HCLTech shares dropped nearly 11% after the company projected a softer-than-expected outlook, citing muted March quarter performance. CEO C Vijayakumar stated that new-age offerings have offset over two-thirds of AI-led deflation in traditional services, with FY27 revenue guidance set at 1.5-4.5%.

India’s economy is still expanding quickly, but the country is no longer fifth in the IMF’s latest global GDP rankings. A weaker rupee, dollar-based comparisons and a new GDP series help explain why the headline has changed without overturning the larger growth story

Infosys’ total workforce stood at 3,28,594 at the end of Q4 FY26, reflecting a sequential decline of 8,440 employees from the previous quarter, but an increase of 5,016 compared to the year-ago period.

Gold price prediction today: Both gold and silver prices are expected to continue seeing volatility in the near term, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.