卢比在震荡交易后几乎持平；远期保费下降。印度卢比在周一收盘几乎持平之前经历了波动，因为美元的广泛下跌削弱了伊朗-以色列冲突升级引发的风险规避。

Rupee ends nearly flat following choppy trading; forward premiums dip.The Indian rupee experienced choppy trading before ending nearly flat on Monday as a broad based decline in the U.S. dollar blunted risk aversion spurred by the escalation in the Iran-Israel conflict.

周一，印度BSE Sensex指数上涨约0.8%，收于81796.2点，结束了连续两天的下跌，因为全球市场在中东紧张局势之后出现了一些稳定，油价在盘中明显下跌。与此同时，人们的注意力也转向了美联储周三的政策结果，交易员们正在等待有关未来利率走势的指导。在国内数据方面，印度批发价格通胀在2025年5月降至0.39%的一年多来低点，低于预期的0.80%的小幅下降，低于4月份的0.85%。UltraTech Cement（+2.4%）和Tech Mahindra（+2.1%）涨幅最大，因为大多数行业都出现了复苏。HCL Technologies、TCS和Infosys分别上涨1.6%、1.5%和1.1%。然而，塔塔汽车公司股价下跌4%，此前其豪华车部门捷豹路虎下调了年度展望。

India's BSE Sensex closed about 0.8% firmer at 81,796.2 on Monday, halting a two-day losing streak, as global markets saw some stabilization in the wake of Middle East tensions, with oil prices notably falling during the session. Meanwhile, the attention also turns to the Federal Reserve's policy outcome on Wednesday, as traders await guidance on the future trajectory of interest rates. On the domestic data front, India’s wholesale price inflation eased to an over one-year low of 0.39% in May 2025, lower than the expected slight decline to 0.80% and down from 0.85% in April. UltraTech Cement (+2.4%) and Tech Mahindra (+2.1%) were among the top gainers as most sectors saw a recovery. HCL Technologies, TCS, and Infosys gained 1.6%, 1.5%, and 1.1%, respectively. Tata Motors, however, slipped 4% after its luxury arm Jaguar Land Rover (JLR) downgraded its annual outlook.

在孟买，孟买敏感指数周一上涨656点，涨幅0.81%。Tech Mahindra（2.74%）、UltraTech Cement（1.97%）和塔塔咨询公司（1.72%）领涨。最大的输家是雷迪斯实验室（-0.92%）和太阳制药（-0.53%）。

In Mumbai, the SENSEX Index gained 656 points or 0.81 percent on Monday. Gains were led by Tech Mahindra (2.74%), UltraTech Cement (1.97%) and Tata Consultancy (1.72%). Biggest losers were Dr.Reddys Laboratories (-0.92%) and Sun Pharmaceuticals (-0.53%).

2025年5月，印度的贸易逆差为218.8亿美元，在去年同期出现238亿美元的缺口后保持相对稳定，这与美国不断变化的关税政策导致的其他亚洲经济体的贸易平衡波动形成鲜明对比。进口小幅下降1.7%，至606.1亿美元，可能是受到同期能源价格疲软的压力，能源价格在流入印度的外国商品中占很大比例。反过来，出口下降2.2%，至387.3亿美元。自4月财政年度开始以来，对美国的出口为172.5亿美元，高于去年同期的141.7亿美元，这表明美国的关税威胁对贸易流量的影响有限。

India recorded a trade deficit of $21.88 billion in May of 2025, remaining relatively stable following the $23.8 billion gap in the corresponding period of the previous year, to contrast sharply with swings in trade balances for other Asian economies amid constantly-changing tariff policies from the US. Imports inched lower by 1.7% to $60.61 billion, likely pressured by muted energy prices in the period, which account for a significant portion of foreign goods inflows to India. In turn, exports fell by 2.2% to $38.73 billion. Exports to the US since the start of the Fiscal Year in April were at $17.25 billion, up from $14.17 billion in the corresponding period of the previous year, suggesting that tariff threats from the US had a limited impact in trade flows.