<h1>Rupee exchange volatility and suspected RBI intervention lead to modest recovery amid geopolitical tensions and capital outflows.</h1> Rupee exchange-rate volatility driven by geopolitical uncertainty and trade negotiations, with suspected Reserve Bank intervention stabilising the currency and producing a modest intraday recovery; this intervention and domestic equity inflows provide short-term support but do not remove vulnerability to external shocks, leaving the currency exposed until geopolitical risks abate and trade agreements crystallise. Market commentary identifies 92.00 as strong resistance and 91.1090.50 as support/consolidation zones, while significant foreign institutional investor outflows heighten capital flow volatility and risk to exchange rate stability.