The Indian Rupee (INR) strengthens on Tuesday as Indian Prime Minister Narendra Modi announces extensive tax reforms, marking the largest overhaul since 2017. This positive development has lifted market sentiment, influencing sectors like automobiles, financial services, real estate, consumer goods, and cement. The improved outlook may further bolster the INR, creating potential opportunities in the currency market. Traders should keep a watchful eye on how these reforms play out and affect the USD/INR dynamics going forward. Overall, this news enhances the attractiveness of INR to investors.