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      India's Nifty 50 Index Declines Nearly 1% in Pre-Open Trading

      India's Nifty 50 index experienced a decline of almost 1% in pre-open trading on September 24, 2026. This downturn reflects a challenging start for domestic markets as traders anticipate a volatile session ahead.

      The Indian rupee also faced pressure during this period, prompting speculation that the Reserve Bank of India may be intervening in the foreign exchange market by selling US dollars. This action suggests that the central bank is actively working to stabilize the currency and mitigate fluctuations as trading begins.

      Market analysts indicate that the Reserve Bank of India's efforts to smooth volatility are indicative of its ongoing commitment to maintaining economic stability amidst external pressures.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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