Markets

Stronger Growth Seen in First Half of FY27 The Reserve Bank of India has revised its real GDP growth forecast upward for the first half of the 2026–27 financial year, citing support from trade agreements, GST rationalisation, and robust agricultural output.The central bank now expects the Indian economy to grow 6.9 per cent in the April–June quarter of FY27, followed by 7 per cent growth in the July–September period. These projections mark an improvement over estimates released in December, when growth for the June quarter was pegged at 6.7 per cent and the subsequent quarter at 6.8 per cent.Full-Year FY27 Projections to Follow in April The RBI said that projections for the full financial year 2026–27 will be announced in the April...

Rupee Trades in a Narrow Range on Thursday Morning The Indian rupee traded within a tight band and strengthened by 7 paise to 90.40 against the US dollar in early trade on Thursday, as corporate dollar demand persisted and investors remained cautious while awaiting confirmation on the India US trade agreement.Market participants shifted their focus from initial optimism to verification, as no official documents have been released so far and neither side has formally published the final terms of the proposed trade deal.RBI Policy Decision in Focus Apart from trade-related clarity, investor attention is also firmly on the upcoming interest rate decision by the Reserve Bank of India, scheduled for Friday. The policy outcome is expected...

Strong Opening in Early Trade The Indian rupee strengthened sharply in early trade on Tuesday, appreciating 119 paise to 90.30 against the US dollar. The move followed a significant reduction in US tariffs on Indian goods to 18 percent from the earlier 50 percent level.At the interbank foreign exchange market, the rupee opened at 90.30, marking a sharp gain from its previous close of 91.49.Impact of US India Trade Developments The tariff reduction was announced after the conclusion of a US India trade agreement, endorsed by US President Donald Trump and Indian Prime Minister Narendra Modi. The lower tariff level improves India’s relative trade position compared with some regional peers and has had an immediate impact on currency...

Benchmark Indices Surge in Early Trade Indian equity benchmarks opened Tuesday on a strong note, with the BSE Sensex and Nifty 50 posting sharp gains after India and the United States agreed on a trade deal that lowers reciprocal tariffs on Indian goods.In early trade, the 30 share Sensex surged 3,656.74 points to 85,323.20, while the 50 share Nifty climbed 1,219.65 points to 26,308.05.Rally Extends as Buying Momentum Strengthens The bullish momentum continued through the session. The Sensex advanced 4,205.27 points, or 5.14 percent, to 85,871.73. The Nifty jumped 1,252.80 points, or 4.99 percent, to 26,341.20, reflecting broad based buying across sectors.Trade Deal Boosts Market Sentiment The rally followed confirmation that...

Billionbrains Garage Ventures Limited saw a series of equity stake reductions by its designated persons during January 2026, as per disclosures on insider trading under the Prohibition of Insider Trading framework. The transactions involved multiple senior individuals selling shares over a tightly packed time window, leading to marginal changes in their post-transaction holdings. Insider Trading Overview The disclosures indicate that all reported transactions were sales of equity shares. The activity was concentrated between January 1 and January 29, 2026, involving senior executives and designated persons. Key Insider Transactions at a GlanceName of Designated PersonShares SoldDate of TransactionPost-Transaction ShareholdingAdi...

Pharmaceutical sector stocks moved higher on Sunday after Finance Minister Nirmala Sitharaman announced a proposed investment of Rs 10,000 crore in the biopharma sector over the next five years, a step aimed at strengthening India’s pharmaceuticals ecosystem.Pharma Stocks See Broad-Based Buying Following the announcement, several listed pharma and biotech companies recorded gains on the BSE. Shares of Anthem Biosciences jumped 6.49 percent, while Biocon rose 2.93 percent. Syngene International advanced 2.78 percent and Panacea Biotec climbed 2.56 percent.Other stocks also traded higher, including Natco Pharma up 1.63 percent, Concord Biotech gaining 1.54 percent, Dr Reddy’s Laboratories rising 1.37 percent, and Gland Pharma adding...

Budget Proposal Lifts Investor Sentiment in Electronics Space Shares of electronic manufacturing companies moved higher on Saturday after Finance Minister Nirmala Sitharaman proposed a sharp increase in government spending on electronics manufacturing in the Union Budget 2026-27. The outlay for the sector has been proposed at ₹40,000 crore for the upcoming financial year.The announcement reinforced the government’s ongoing push to strengthen domestic electronics production, triggering broad-based buying interest across listed electronics manufacturing firms.Key Electronics Stocks Rally on BSE Several frontline and mid-sized electronics manufacturing stocks recorded notable gains during the session:Syrma SGS Technology surged 5.95%...

Mumbai, January 30 – Multi Commodity Exchange of India Ltd (MCX) will conduct a special live trading session on Sunday, February 1, 2026, coinciding with the presentation of the Union Budget, allowing participants to trade commodity derivatives on a non-working day. Special Trading Schedule for February 1 MCX has outlined a modified trading framework for the day, with an early start and extended post-market window to facilitate smooth operations.SessionTimingsSpecial Pre-Open Session08:45 a.m. to 08:59 a.m.Regular Trading Session09:00 a.m. to 05:00 p.m.Client Code Modification Window09:00 a.m. to 05:15 p.m.The exchange has advised market participants to align their trading and operational plans accordingly and ensure...

Mumbai, January 30, 2026 Indian financial markets will remain operational on Sunday, February 1, 2026, with a special live trading session scheduled across key segments to coincide with the presentation of the Union Budget. The exchange will follow normal trading-day timelines, allowing participants to trade, modify positions, and complete post-market processes as per standard practice.Equity Markets to Follow Normal Weekend Budget-Day Schedule In the Capital Market segment, trading will begin with a pre-open session from 9:00 am to 9:08 am, followed by the normal market from 9:15 am to 3:30 pm. Block deal windows, call auction sessions for illiquid securities, special pre-open sessions for IPO and relisted securities, and...

Heavy Profit Booking Triggers Steep Decline in Precious Metals Gold and silver prices witnessed one of their sharpest single-day declines in recent months in futures trade on Friday, as investors rushed to monetise gains following a rapid surge to record highs.Silver futures plunged nearly 17 percent, while gold futures fell about 9 percent on domestic exchanges, mirroring weak global cues and a strengthening US dollar.Silver Futures See Record Single-Day Crash On the Multi Commodity Exchange, silver futures for March delivery tumbled by Rs 67,891, or 16.97 percent, to settle at Rs 3,32,002 per kilogram. This marked the steepest single-day fall for the metal in recent months.The sharp correction followed a strong rally in the...

Benchmark indices retreat after three-day rally Indian equity benchmarks opened sharply lower on Friday, snapping a three-session winning streak as selling pressure in information technology stocks combined with caution ahead of the Union Budget presentation scheduled for February 1.Fresh foreign fund outflows and weak cues from global equity markets further weighed on investor sentiment during early trade.Sensex and Nifty open deep in the red The 30-share BSE Sensex fell 619.06 points to 81,947.31 in opening deals, while the NSE Nifty declined 171.35 points to 25,247.55.IT stocks led the decline, with Tata Steel, HCL Technologies, Infosys, Tata Consultancy Services, NTPC, and Tech Mahindra among the major laggards on the Sensex...

Mumbai, January 30, 2026: Gold and silver futures witnessed a sharp sell-off in early trade on Friday, with both precious metals trading deep in the red during the morning session. The decline was visible across intraday charts, with prices slipping below key reference levels amid sustained selling pressure. Gold Futures Extend Losses Gold futures for the February 5, 2026 expiry were trading at ₹1,61,791 per 10 grams around 09:10 IST, down ₹7,612 or 4.49 percent from the previous close of ₹1,69,403. The intraday chart showed a steep drop soon after the session began, followed by a brief attempt at stabilization before prices continued to trade at lower levels. The day’s trading range stood between ₹1,59,250 and ₹1,67,999, while the...

Debt-laden Vodafone Idea is preparing a large-scale investment push as it looks to return to a growth trajectory, with plans to deploy ₹45,000 crore over the next three years, according to senior management.Aggressive Network Rollout Across Priority Markets Speaking during the company’s earnings call for the third quarter of the current fiscal year on Wednesday, Vodafone Idea Chief Executive Officer Abhijit Kishore said the fresh investment would significantly expand network coverage and improve service quality across key regions.The planned capital expenditure is in addition to the ₹18,000 crore already invested by the company over the past six quarters. Kishore said the funds would be directed toward an aggressive network rollout...

Mumbai, January 27, 2026: Vedanta Limited (NSE: VEDL | BSE: 500295) on Tuesday announced that its authorised Committee of Directors has approved the sale of up to 6.70 crore equity shares of Hindustan Zinc Limited, representing 1.59 percent of the issued and paid-up equity share capital of the subsidiary. The proposed transaction will be carried out through an offer for sale (OFS) via the stock exchange mechanism. The decision was approved by the committee at its meeting held on January 27, 2026, at around 4:15 pm IST. Transaction DetailsParticularsDetailsSellerVedanta LimitedInvestee CompanyHindustan Zinc LimitedMode of SaleOffer for Sale (OFS)Equity Shares ProposedUp to 6,70,00,000Stake Size1.59 percent of equity...

Record Budget Streak Under Modi Government Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, marking her ninth consecutive Budget, a record for the most budgets presented continuously by any finance minister in India. The upcoming Budget is expected to focus on reform measures aimed at supporting economic growth at a time of heightened geopolitical volatility.With this presentation, Sitharaman will move closer to the all-time record of 10 budgets presented by Morarji Desai, though his budgets were delivered across different periods and governments.Sitharaman’s Tenure and Budget Milestones Sitharaman was appointed as India’s first full-time woman finance minister in 2019 after Narendra Modi secured...

Local Manufacturing Shields Mercedes-Benz from Immediate Pricing Impact The India European Union Free Trade Agreement is expected to significantly accelerate technological innovation and sustainable growth in India’s automotive sector, according to Mercedes-Benz India Managing Director and CEO Santosh Iyer. However, the company does not anticipate any reduction in vehicle prices in the foreseeable future following the agreement.Calling the India EU FTA a historic milestone, Iyer said the pact reinforces India’s growing relevance on the global economic stage. He noted that while the agreement is likely to support future mobility initiatives and innovation across the automotive ecosystem, its exact implications can only be assessed once...

Silver Futures Jump to Record Levels on MCX Silver prices surged sharply in the futures market on Tuesday, scaling a fresh lifetime high amid heightened demand for safe haven assets. On the Multi Commodity Exchange, silver contracts for March delivery rallied by Rs 25,101, marking a gain of 7.5 per cent, to touch an all-time peak of Rs 3,59,800 per kilogram.The white metal has seen an exceptionally strong run in recent sessions. Over the past week, silver prices climbed by Rs 46,937, or 16.3 per cent, crossing the Rs 3 lakh per kilogram milestone for the first time in the domestic futures market.Gold Futures Extend Record-Breaking Rally Gold prices also continued their upward momentum, registering fresh lifetime highs in futures...

Deal Unlocks Duty Free Access for Indian Exports and Wider Market Entry for EU Goods India and the European Union on Tuesday announced the conclusion of negotiations for a comprehensive free trade agreement, marking the end of discussions that stretched over more than two decades. The agreement is expected to reshape bilateral trade by offering significant tariff relief to Indian exporters while granting the EU phased and selective access to the Indian market.The agreement has been described as a landmark pact, creating a combined market of nearly two billion people and laying the foundation for a major expansion in goods and services trade between the two sides.Market Access and Tariff Commitments by the European Union Under the...

India and the European Union on Tuesday announced the conclusion and finalisation of negotiations for a proposed free trade agreement. The development marks a significant milestone in India’s trade diplomacy and represents the country’s 19th trade pact.The agreement is expected to strengthen India’s export presence across the 27 member European bloc and deepen economic ties between the two sides.India’s Expanding Trade Agreement Network Since 2014, India has finalised seven trade pacts. These include agreements with Mauritius, Australia, the United Arab Emirates, Oman, the United Kingdom, the European Free Trade Association comprising Switzerland, Iceland, Liechtenstein and Norway, and New Zealand. Several of these agreements have...

Mumbai, January 27, 2026 – A Blackstone-backed investment vehicle has initiated a major open offer to acquire a significant stake in Aadhar Housing Finance Limited, marking a key step in a promoter transition at the listed affordable housing lender. Open Offer Details The open offer is being made to acquire up to 11.35 crore equity shares, representing 25.82 percent of Aadhar Housing Finance’s expanded voting share capital. The offer price has been fixed at ₹469.97 per share, along with an additional ₹2.71 per share as interest due to a revised transaction timeline, taking the total consideration to ₹472.68 per share. If fully subscribed, the transaction will entail a total outlay of approximately ₹5,366 crore, including interest...