Markets

Markets Look for Direction After Sharp Sell-Off Indian equity markets are set to open with caution today as investors assess a mix of global signals following a sharp decline in the previous session. Early trends from GIFT Nifty indicate a flat to mildly positive start, even as concerns around global trade tensions, currency movements, and commodity prices continue to influence sentiment.Foreign Investors Remain Sellers, Domestic Flows Offer Support Foreign institutional investors continued to pare their equity exposure, offloading shares worth around Rs 2,938 crore in the latest session. In contrast, domestic institutional investors provided stability by buying equities worth approximately Rs 3,665 crore, highlighting continued local...

Indian IT Majors Continue Strong Presence in Global IT Services Landscape India’s leading information technology companies continue to assert their dominance globally, with Tata Consultancy Services and Infosys retaining their positions as the world’s second and third most valuable IT services brands, respectively, as per the latest IT Services 25 2026 rankings released by Brand Finance.India matched the United States in overall representation, with both countries featuring eight companies each among the world’s top 25 IT services brands.Accenture Holds Top Position; TCS Remains Second The report showed that Accenture retained its position as the world’s most valuable IT services brand for the eighth consecutive year, with a brand...

Heavy Selloff Erodes Market Capitalisation Amid Global Uncertainty New Delhi, January 20: Indian equity markets witnessed a sharp selloff on Tuesday, wiping out ₹9.86 lakh crore in investor wealth as benchmark indices faced intense pressure through the session.The 30 share BSE Sensex extended its previous day’s decline, plunging 1,065.71 points or 1.28 percent to close at 82,180.47. During intraday trade, the index slipped as much as 1,235.6 points or 1.48 percent to touch a low of 82,010.58.As a result of the broad-based decline, the total market capitalisation of BSE-listed companies dropped by ₹9,86,093.96 crore to ₹4,55,82,683.29 crore, equivalent to USD 5.01 trillion.Sensex Stocks Under Pressure, HDFC Bank Lone Gainer Selling...

From Mockery to Manufacturing Strength When windmills were first introduced in India, they were often dismissed as oversized fans that would consume power instead of generating it. Three decades later, India has emerged as a key global supplier in the sector, with the country now capable of meeting nearly 10 percent of the world’s wind energy demand through exports, according to Suzlon Energy Vice Chairman Girish Tanti.Speaking on the sidelines of the World Economic Forum Annual Meeting in Davos, Tanti reflected on the transformation of both the company and India’s renewable energy ecosystem, noting that wind energy was once considered commercially unviable in the country.Suzlon’s Three-Decade Journey Suzlon, which marks 30 years of...

Mumbai, January 20 India’s benchmark equity indices opened lower on Tuesday, with selling pressure driven by sustained foreign fund outflows and elevated geopolitical concerns that dampened overall investor sentiment.The 30 share BSE Sensex fell 311.33 points to 82,934.85 in early trade, while the 50 share NSE Nifty declined 99.5 points to 25,486.Stock Specific Movements Among Sensex constituents, Eternal, Bajaj Finance, Asian Paints, InterGlobe Aviation, Trent and Bajaj Finserv traded lower in the opening session.On the other hand, Kotak Mahindra Bank, State Bank of India, UltraTech Cement and ITC provided some support to the benchmark, trading in positive territory.Institutional Activity Remains Mixed Foreign institutional...

Mumbai, Jan 20 The rupee weakened by 8 paise to 90.98 against the US dollar in early trade on Tuesday, pressured by strong dollar demand from metal importers and continued foreign fund outflows that weighed on overall market sentiment.At the interbank foreign exchange market, the rupee opened at 90.91 and declined further to 90.98 against the greenback, compared with its previous close of 90.90.Market Pressures and Recent Trends The domestic currency has remained under strain amid persistent capital outflows and elevated global uncertainty, keeping emerging market currencies under pressure. Weakness in domestic equities also contributed to the cautious tone in currency trade.On Monday, the rupee had depreciated by 12 paise to...

Smartphone Shipments Drive Strong Export Momentum Delhi, January 20: India has achieved a record electronics exports figure of 47 billion dollar in 2025, marking a major milestone for the country’s manufacturing and export ecosystem.In a social media post, Union Electronics and Information Technology Minister Ashwini Vaishnaw said that nearly 30 billion dollar of the total exports came from smartphone shipments supported by the production linked incentive programme.Electronics Emerges as Third Largest Export Segment The minister said electronics has now become the third largest export item for India. He also highlighted that electronics exports have increased eleven times since 2015, reflecting the scale and pace of growth achieved...

New Delhi, January 20 India and the United Arab Emirates on Monday agreed to elevate their relationship through a proposed strategic defence partnership and a long term LNG supply deal, while setting an ambitious target of USD 200 billion in annual bilateral trade by 2032. The decisions were taken during talks between Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan in New Delhi.The UAE President was personally received by Modi at the airport, after which both leaders travelled together to the Prime Minister’s residence. Discussions were held in both restricted and delegation level formats, covering a wide range of strategic, economic, and technological areas.Strategic Defence Partnership Takes...

Kolkata, January 17, 2026 Halder Venture Limited (BSE: 539854) is set to expand its capital market presence with its equity shares scheduled to begin trading on the NSE main board from Monday, January 19, 2026. The move will place the company on both major Indian exchanges, following its existing BSE listing. The company’s entire equity base of 1,24,38,135 shares, each with a face value of ₹10, will be admitted for trading on the NSE under the symbol HALDER. The shares will initially trade in the BE series, which follows a trade-for-trade settlement mechanism. NSE Listing SnapshotParticularsDetailsCompanyHalder Venture LimitedNSE SymbolHALDERSeriesBEEquity Shares Listed1,24,38,135Face Value₹10 per shareMarket Lot1...

Suo Motu Action and Penalties Announced The Central Consumer Protection Authority has initiated suo motu action against multiple e-commerce platforms for listing and selling unauthorised walkie-talkies, issuing final orders against eight entities and imposing penalties totalling ₹44 lakh.Notices were issued to 13 e-commerce entities after the authority identified more than 16,970 non-compliant product listings across platforms. These included Chimiya, JioMart, Talk Pro, Meesho, MaskMan Toys, TradeIndia, Antriksh Technologies, Vardaanmart, IndiaMart, Meta Platforms Inc. through Facebook Marketplace, Flipkart, Krishna Mart, and Amazon.Nature of Violations Identified The authority found that platforms were facilitating the sale of...

Persistent Foreign Fund Outflows Weigh on Currency The Indian rupee continued its downward trend for the third consecutive session, slipping 10 paise to 90.44 against the US dollar in early trade on Friday. The domestic currency remained under pressure due to sustained foreign fund outflows and a firm US dollar.At the interbank foreign exchange market, the rupee opened at 90.37 and later weakened further to 90.44 against the greenback. This marked a decline of 10 paise from the previous closing level.Recent Movement and Market Closure In the previous session, the rupee had settled 11 paise lower at 90.34 against the US dollar, following a 6 paise fall a day earlier. Trading activity remained muted on Thursday as foreign exchange...

Silver Extends Rally for Fifth Straight Session New Delhi, Jan 15: Silver prices continued their record-breaking surge in the national capital on Thursday, rising Rs 3,000 to touch a new all-time high of Rs 2,89,000 per kilogram, inclusive of all taxes. The white metal has now advanced for five consecutive sessions.Silver had settled at Rs 2,86,000 per kg in the previous session. With the latest jump, prices have climbed nearly 16 percent, or Rs 45,500, over the past five trading days, rising from Rs 2,43,500 per kg on January 8.The metal has also maintained its outperformance against gold for the second year in a row. Since December 31, 2025, silver prices have gained Rs 50,000 per kg, delivering returns of about 21 percent so far...

December Trade Performance Shows Mixed Trends India’s merchandise exports recorded a growth of 1.87 per cent to USD 38.5 billion in December 2025, reflecting resilience amid ongoing global economic uncertainty. However, a sharper rise in imports led to a marginal widening of the trade deficit during the month.Imports increased 8.7 per cent year on year to USD 63.55 billion, resulting in a trade deficit of USD 25.04 billion in December 2025. This compares with USD 24.53 billion in November 2025 and USD 22 billion in December 2024.Exports in November 2025 had seen a much stronger rise of nearly 20 per cent, highlighting month-to-month volatility in global trade conditions.Sectoral Pressures and Growth Drivers Several key sectors...

Deloitte Sees Scope for Wider EV Participation Potential changes to the Production Linked Incentive scheme for automobiles in the upcoming Budget could help remove key bottlenecks for electric vehicle manufacturers and enable broader participation in India’s green mobility transition, according to Deloitte.Deloitte noted that sales momentum in the automobile sector is expected to continue into 2026, particularly for electric vehicles, which already benefit from a concessional GST rate of 5 percent. However, participation under the existing automobile PLI framework has remained limited.Limited Success of Current Automobile PLI Scheme The automobile PLI scheme, introduced to promote advanced technology and zero-emission vehicles, has...

India’s unemployment rate for persons aged 15 years and above rose marginally to 4.8 percent in December 2025, compared with 4.7 percent in November, indicating largely stable labour market conditions with a slight uptick driven by urban areas.Urban Unemployment Ticks Higher, Rural Rate Steady The unemployment rate remained unchanged in rural areas at 3.9 percent during December 2025. In contrast, urban unemployment increased to 6.7 percent from 6.5 percent in the previous month. Among rural males aged 15 years and above, the unemployment rate stayed low and stable at 4.1 percent.Urban female unemployment showed a mild improvement, easing to 9.1 percent in December from 9.3 percent in November. In the remaining gender segment...

Strong Early Passenger Traction After Commercial Launch Adani Group backed Navi Mumbai International Airport Ltd has crossed the 1 lakh passenger milestone within just 19 days of commencing commercial flight operations, highlighting strong early demand from the Mumbai metropolitan region.As of January 12, the airport handled a total of 1,09,917 passengers. This included 55,934 arriving passengers and 53,983 departing passengers. January 10 emerged as the busiest day during the period, with 7,345 passengers recorded across arrivals and departures.Operations Scale Up Steadily Commercial passenger flight services at the Navi Mumbai International Airport began on December 25. The airport has an initial capacity to handle up to 20...

Ahmedabad, January 15, 2026 – Zydus Lifesciences Limited (BSE: 532321 | NSE: Zyduslife) has received final approval to market Eltrombopag Tablets in multiple strengths, expanding its presence in the high-value specialty generics segment of the United States pharmaceutical market.Approval Details and Product Scope The approval covers Eltrombopag Tablets in four dosage strengths: 12.5 mg, 25 mg, 50 mg, and 75 mg. The drug is primarily used in the treatment of thrombocytopenia, a condition characterised by abnormally low platelet counts associated with specific blood disorders. Eltrombopag functions by stimulating bone marrow cells to enhance platelet production, thereby lowering the risk of bleeding-related complications.Manufacturing...

Sector Seen as Growth Engine Ahead of Union Budget As preparations gather pace for the Union Budget for FY27, agriculture industry leaders are calling for higher investments in digital infrastructure, climate-resilient farming practices, and technology adoption to transform a sector that supports nearly half of India’s workforce but contributes less than one-fifth to national output.Agriculture and allied activities account for about 45 percent of India’s workforce while contributing roughly 18 percent to gross value added. Industry voices say Budget 2026-27 offers a key opportunity to reposition agriculture as a driver of productivity, employment, and rural demand rather than being viewed only through a welfare lens.EY India’s...

Raichur, January 15, 2026 Shilpa Medicare Limited (NSE: SHILPAMED | BSE: 530549) has ceased to be the owner of its Canadian subsidiary following a transfer of equity shares, marking a strategic exit from the overseas unit without any impact on its current financials. Transaction Details The company’s wholly owned subsidiary, Koanna Healthcare Canada Inc., allotted 2,84,21,020 equity shares to an individual buyer based in Quebec, Canada. The transaction was executed on January 14, 2026, for a total consideration of CAD 2,000. Following the completion of this share transfer, Koanna Healthcare Canada Inc. is no longer a subsidiary of Shilpa Medicare with effect from the same date. Shilpa Medicare clarified that the investment in the...

Review of Net Open Position Framework The Reserve Bank of India has proposed changes to the rules governing banks’ foreign exchange positions, aiming to refine the framework used to measure and manage currency risk across the banking system.The amendments follow a comprehensive review of the existing instructions related to the net open position framework, which captures the difference between a bank’s total foreign currency assets and liabilities and reflects its exposure to exchange rate movements.Alignment with Global Banking Standards The proposed guidelines are designed to bring the domestic framework closer in line with standards followed internationally by major banking regulators. The central bank has also indicated that the...