Mumbai, Sept. 26 -- The Indian rupee saw a tight movement against the US dollar. INR added 3 paise on the day to trade at 88.74 per US dollar but held near record lows. The US dollar index trades at 98.08, up marginally on the day after a sharp spike yesterday. Local stocks closed with sharp losses on Friday, marking the sixth straight session of decline. Market sentiment was hit after U.S. President Donald Trump announced a 100% tariff on branded drug imports from 1 October 2025. while continued FII selling and H1B visa concerns added pressure. All sectoral indices on the NSE ended in the red.

Published by HT Digital Content Services with permission from Capital Market....