Indian Markets Plunge 821 Points on West Asia Tensions, Tech Sell-Off
Sensex falls 821 pts, Nifty down 286 pts as West Asia conflict and global tech sell-off trigger heavy FPI selling. Key support levels at 23,150.
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Sensex falls 821 pts, Nifty down 286 pts as West Asia conflict and global tech sell-off trigger heavy FPI selling. Key support levels at 23,150.
Centrum expects RBI to keep rates on hold until October, citing supply-driven inflation and growth concerns, despite upward revision in FY27 inflation forecast.
Tata Motors Chairman N Chandrasekaran announces continued investment in EV and hydrogen technologies for commercial vehicles, highlighting record revenue and profitability.
Private investment announcements rose to Rs 56 lakh crore in FY26 from Rs 37 lakh crore, signalling strong capex momentum, says SBI Research.
Jefferies sees Adani Energy Solutions and Adani Power delivering over 20% growth, driven by transmission projects, smart meters, and PPA-backed thermal expansion.
Gautam Adani becomes Asia's richest person with $89.2 billion net worth, surpassing Mukesh Ambani and Masayoshi Son, as Adani Group stocks surge.
Seven of India's top-10 valued companies lost Rs 1.25 lakh crore in market cap last week. Reliance, TCS, and Bharti Airtel were the biggest laggards.
Gautam Adani overtakes Mukesh Ambani to become Asia’s richest person with a net worth of $89.2 billion, driven by a surge in Adani Group stocks, per Forbes.
Global brokerage Jefferies turns bullish on Adani Green Energy, Adani Power, and Adani Energy Solutions, citing strong capacity expansion and demand visibility.
NSE crosses 26 crore investor accounts, adding 1 crore in 4 months. Mobile trading and tier-2/3 cities fuel growth, with SIP inflows surging eight-fold.
Indian equity markets may remain volatile next week due to US-Iran tensions, RBI's unchanged repo rate, foreign fund outflows, and rising US bond yields.
Domestic LPG prices raised by Rs 29 per cylinder to Rs 942 in Delhi, second hike since West Asia conflict began, as oil companies face mounting losses.
NSE's Sriram Krishnan says EGR platform was planned months before PM Modi's appeal to avoid gold purchases, aims to reduce imports.
RBI’s new measures may attract $50 billion inflows, with bond index inclusion adding more. Analysts see support for rupee and liquidity.
RBI's measures to attract foreign capital reflect concerns over rising inflation and slowing growth, says Systematix report, warning of stagflationary risks.
Gold prices fell 0.87% this week as a strong US jobs report boosted the dollar and reinforced expectations of higher Fed rates for longer.
The government plans to ringfence MSMEs via EPCLGS schemes and slash non-essential expenditures to maintain fiscal balance, as per YES BANK report.
India's new reforms aim to attract stable foreign capital, deepen the G-Sec market, and strengthen the debt market with tax exemptions and expanded investment routes.
Kotak Securities expects India's hotel industry to rebound as West Asia crisis fades, projecting 16% EBITDA CAGR for FY26-28 with occupancy nearing 72%.
HSBC report says RBI and government measures to support rupee and attract foreign capital could improve India's balance of payments by over $30 billion in the short run.