流入和短期平仓使卢比有望成为6年来最好的月份。印度卢比有望创下自2018年11月以来的最佳月度涨幅，这得益于季节性和投资组合美元流入以及货币看跌头寸的下降。

Inflows, short unwinding put rupee on course for best month in over 6 years.The Indian rupee is on track to log its best monthly gain since November 2018, boosted by seasonal and portfolio dollar inflows alongside a drop in bearish positions on the currency.

印度股市在本月最后一个交易日的早盘交易中下跌85点，跌幅0.1%，至77521点，收窄了前一交易日的涨幅，受到科技、制药和汽车行业的拖累。BSE Sensex指数隔夜下跌，因特朗普总统宣布对外国制造的汽车征收新关税后，人们担心可能会发生贸易战。交易员继续关注美印贸易谈判，在周一开斋节假期之前，重点关注制药和汽车等关键行业。路透社的一项民意调查显示，由于通货膨胀的缓解，印度储备银行预计将连续第二次降息，从而为秋季画上句号。早期的输家包括马恒达（-3.3%）、印孚瑟斯（-1.7%）和太阳制药（-1.2%）。本月，该指数将飙升约5.9%，从上个月的下跌中恢复过来，这得益于对国内经济数据的乐观情绪，外国资金再次流入。

India's equities slipped 85 points, or 0.1%, to 77,521 in morning deals on the final trading session of the month, snapping gains from the prior session, weighed down by the tech, pharmaceuticals, and auto sectors. The BSE Sensex tracked a fall on Wall Street overnight amid concerns over a potential trade war following President Trump's announcement of new tariffs on foreign-made autos. Traders continued to monitor the US-India trade talks, focusing on key sectors, including pharmaceuticals and autos, ahead of the Eid al-Fitr holidays on Monday. Capping the fall was a Reuters poll showing that the RBI is expected to cut interest rates for the second consecutive meeting due to easing inflation. Among the early losers were Mahindra & Mahindra (-3.3%), Infosys (-1.7%), and Sun Pharmaceuticals (-1.2%). For the month, the index is set to surge around 5.9%, recovering from a fall in the previous month, buoyed by renewed foreign inflows amid optimism about domestic economic data.

股票流入激增，前景转变支持卢比上涨趋势。受外国资金再次流入当地股市和看跌市场情绪下降的支撑，印度卢比预计将在周五开盘走高。

Surging equity inflows, shift in outlook support rupee upward trend.The Indian rupee is expected to open higher on Friday, supported by renewed foreign inflows into local equities and a decline in the bearish market sentiment.

周四，BSE Sensex指数上涨约0.4%，收于77606点，结束了前一交易日的下跌，主要金融股如HDFC Bank、ICICI Bank和Bajaj Finance表现强劲。这些收益有助于缓解汽车行业的打击，汽车行业在美国宣布新关税后面临压力。塔塔汽车公司股价下跌5.5%，原因是担心美国对汽车进口征收25%的关税，预计这将影响其子公司捷豹路虎，该公司2024财年约23%的收入来自美国市场。由于关税担忧，制药股也面临压力，美国占印度药品出口的31%。与此同时，市场参与者正在密切关注正在进行的美印贸易讨论，以寻找有关双边贸易关系未来的线索。

The BSE Sensex closed about 0.4% firmer at 77,606 on Thursday, halting losses from the prior session, led by strong performances in key financial stocks like HDFC Bank, ICICI Bank, and Bajaj Finance. These gains helped cushion the blow from the auto sector, which faced pressure following the announcement of new U.S. tariffs. Tata Motors fell 5.5% due to concerns over a 25% U.S. tariff on auto imports, expected to affect its subsidiary, Jaguar Land Rover, which earned around 23% of its FY 2024 revenue from the US market. Pharma stocks also faced pressure due to tariff worries, with the US accounting for 31% of India's pharmaceutical exports. Meanwhile, market participants are keeping a close eye on the ongoing U.S.-India trade discussions for clues about the future of bilateral trade relations.