Global markets fell despite a 30-day Iran ceasefire extension, as investors remained wary of unresolved geopolitical tensions, oil price volatility, and supply chain risks impacting economic stability.
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The rupee slid past the 95-per-dollar mark for the first time, hitting a record low as oil prices surged and pressure intensified across Indian markets.
The Indian rupee fell 42 paise to close at 91.50 against the US dollar amid strong dollar demand and elevated crude oil prices. Analysts cite global uncertainties and capital flow trends as key drivers.