Market Hits Record Highs Amid Volatility; Rupee Dips to All-Time Low

• Indian equity indices ended flat but hit all-time highs during a volatile week, with Sensex reaching 86,159.02 and Nifty50 26,325.8.
• The Reserve Bank of India (RBI) unexpectedly cut interest rates, upgraded FY26 GDP forecast to 7.3%, and revised inflation downwards.
• The Indian rupee depreciated to a new record low of 90.42 against the US dollar, crossing the 90-mark for the first time.
• Foreign Institutional Investors (FIIs) sold equities worth Rs 10,403.62 crore, while Domestic Institutional Investors (DIIs) bought Rs 19,785.5 crore.
• Nifty IT index gained 3.5%, while sectors like Consumer Durables, Defence, Media, and Capital Markets shed 2% each.

Why It Matters: Rupee's record low signals economic pressure despite market highs and RBI action.