Rupee Crashes To All-Time Low Amid Iran-US Tensions | Oil Shock Hits Markets
- Updated May 12, 2026 6:27 PM IST
India’s markets are under pressure and today’s episode of What’s Hot dives deep into the biggest triggers shaking Dalal Street. From the rupee crashing to a record low of 95.55 against the dollar to IT stocks witnessing heavy selloffs amid fears around AI disruption and global slowdown concerns, the mood on the Street remains extremely volatile. In this power-packed discussion, Research Analyst Tapan Doshi decodes the impact of PM Modi’s repeated appeal on fuel conservation, work-from-home and reduced gold imports, and explains why investors are getting nervous about India’s macro outlook. The show also covers the sharp fall in IT stocks after OpenAI’s latest enterprise AI push, outlook on oil & gas, metals, real estate, PSU banks and key earnings reactions from PVR Inox, JBM Auto and Oberoi Realty.
