Rupee slips with traders clinging to equity cues, awaiting inflation data
Published . Updated .
Key takeaways
- By Jaspreet KalraThe Indian rupee retreated on Thursday after oil prices rose and domestic equities reversed, erasing early gains driven by a pickup in foreign portfolio inflows, while traders also awaited India's inflation data due later in the day.The rupee FX_IDC:USDINR
- Exposed: INDA, CEW, EMB, EMLC, EEM
- Market reaction: INDA −0.0% on the day; EEM −1.5% on the day; HDB −1.1% on the day
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By Jaspreet KalraThe Indian rupee retreated on Thursday after oil prices rose and domestic equities reversed, erasing early gains driven by a pickup in foreign portfolio inflows, while traders also awaited India's inflation data due later in the day.The rupee FX_IDC:USDINR
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- INDA iShares MSCI India ETF-3.8% 11d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“rupee”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India.
- EEM iShares MSCI Emerging Markets ETF-3.3% 13d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | +1.50% | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| INDA | -2.87% | -0.29% | base | -0.02% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | -0.03% | +0.53% | base | -0.81% | after close | after close | after close |
| EMLC | +0.45% | +1.06% | base | -0.57% | after close | after close | after close |
| EEM | -6.42% | -1.63% | base | -1.52% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Rupee slips with traders clinging to equity cues, awaiting inflation data TradingView
Source: TradingView
How far Ishares Tr (INDA) has moved since 12 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +5.26% | final price |
| BWET | three days earlier | +6.41% | final price |
| BWET | five days earlier | +23.15% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | that day | -1.52% | final price |
| Ishares Tr (EEM) | three days earlier | -1.63% | final price |
| Ishares Tr (EEM) | five days earlier | -6.42% | final price |
| Ishares Tr (EMB) | that day | -0.81% | final price |
| Ishares Tr (EMB) | three days earlier | +0.53% | final price |
| Ishares Tr (EMB) | five days earlier | -0.03% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.57% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +1.06% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.45% | final price |
| Ishares Tr (INDA) | that day | -0.02% | final price |
| Ishares Tr (INDA) | three days earlier | -0.29% | final price |
| Ishares Tr (INDA) | five days earlier | -2.87% | final price |
| USO | that day | +3.43% | final price |
| USO | three days earlier | +0.82% | final price |
| USO | five days earlier | +4.74% | final price |
| XLE | that day | +1.50% | final price |
| XLE | three days earlier | -2.21% | final price |
| XLE | five days earlier | -2.64% | final price |
Who gains and who loses around Ishares Tr (INDA)
Companies mentioned with this story
- INDA Ishares Tr
In “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Ishares Tr (INDA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“rupee”)
- CEW Wisdomtree Tr
Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Rupee slips with traders clinging to equity cues, awaiting inflation data.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India
- EMB Ishares Tr
For “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
For “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India
- EEM Ishares Tr
For “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India
- HDB Hdfc Bank
In “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Hdfc Bank (HDB) is linked, with no stored direction, medium confidence. Reason on file: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“rupee”) reaches its shares
- INFY Infosys
Infosys (INFY) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Rupee slips with traders clinging to equity cues, awaiting inflation data.” Reason on file: Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“rupee”) reaches its shares
- RDY Dr Reddys Laboratories
In “Rupee slips with traders clinging to equity cues, awaiting inflation data,” Dr Reddys Laboratories (RDY) is linked, with no stored direction, medium confidence. Reason on file: Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“rupee”) reaches its shares
Ishares Tr (INDA)
“Rupee slips with traders clinging to equity cues, awaiting inflation data” (12 Nov 2026) reaches Ishares Tr (INDA) through this story.
The link for Ishares Tr (INDA) is this: iShares MSCI India ETF holds stocks listed in India, which this story is about (“rupee”)
A second company, Wisdomtree Tr (CEW), is listed for a different reason: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India
Price levels for Ishares Tr (INDA)
EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. INDA traded between 45.35 and 46.98 across 9 sessions. The latest close on file is 46.04.
What the saved facts support for Ishares Tr (INDA)
46 out of 100
“Rupee slips with traders clinging to equity cues, awaiting inflation data” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.