INR — Indian rupee surges to become Asia's top performer; stocks snap 5-day losing streak

The Indian rupee strengthened 0.70% on July 27, leading gains among Asian currencies amid a broad market relief rally. Indian equities also rebounded, with the Sensex index closing 1.02% higher at 76,835 to break a five-session losing streak. Market volatility plunged, as indicated by the India VIX dropping 9.76% to 12.66.