On the NSE, USD/INR futures fell nearly half a percent to end at 91.65. GBP/INR slipped 0.74% to close at 125.65. Meanwhile, EUR/INR and JPY/INR ended nearly 1% down at 108.80 and 59.29 respectively. Powered by Capital Market - Live News

The Indian rupee rebounded well on Monday, the first session after Union Budget 2026-27 was presented yesterday. Rupee gained 42 paise to close at 91.51 (provisional) against the US dollar, largely supported by sharp fall in international crude oil prices and positive cues from local equities. Crude oil prices were down more than 5 percent in European trade after U.S. President Donald Trump said he was hopeful of agreeing a deal with Iran. At the interbank foreign exchange market, the rupee opened at 91.95 against the US dollar, then gained some ground to touch an intraday high of 91.45 and a low of 91.95 against the greenback. Indian shares bounced back on Monday after tumbling during the special weekend trading session on Sunday amid disappointment over the government`s budget proposal to increase taxes on equity derivatives trading. The benchmark BSE Sensex jumped 943.52 points, or 1.17 percent, to 81,666.46, after having fallen nearly 2 percent the previous day - marking the second sharpest fall on Budget Day since 2014. The broader NSE Nifty index surged 262.95 points, or 1.06 percent, to 25,088.40. India�s foreign exchange reserves hit a fresh record high in the week ended January 23, rising due to a sharp gain in gold holdings and foreign currency assets, according to the latest data released by the Reserve Bank of India. The country�s forex reserves jumped by USD 8.053 billion during the week to USD 709.413 billion, surpassing the earlier peak of USD 704.89 billion recorded in September 2024.Powered by Capital Market - Live News

Rupee closed higher at 91.6500 per Dollar on Monday (02 February 2026), versus its previous close of 92.0400 per Dollar.Powered by Capital Market - Live News

Large currency speculators further reduced net short position in the Pound futures market from a near six year high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 16162 contracts in the data reported through January 27, 2026. This was a weekly drop of 5818 net short contracts.Powered by Capital Market - Live News

Large currency speculators in the Euro futures market climbed to a two-week high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 132134 contracts in the data reported through January 27, 2026. This was a weekly addition of 20439 net long contracts.Powered by Capital Market - Live News