Trump announced Kevin M. Warsh as his Fed chair pick, influenced by Treasury vetting led by Scott Bessent. Warsh’s dovish stance contrasts with past hawkish positions, raising questions about his independence and alignment with Trump’s rate-cut preferences. Markets watch his approach to interest rates and Fed-Treasury coordination amid political scrutiny.Read More

Indian bonds experienced a sharp decline following the federal budget, with the 10-year benchmark yield reaching a near-year high. This downturn was driven by record government borrowing plans, dampening investor sentiment. Elevated yields will increase borrowing costs across the economy and complicate the central bank’s efforts to support growth.Read More

India’s central bank intervened to strengthen the rupee after the federal budget announcement, which negatively impacted government bonds and equities. While the budget prioritized manufacturing, it lacked the bold reforms investors sought. Analysts predict continued rupee weakness and rising local currency rates due to the budget’s conservative approach and a global risk-off sentiment.Read More

India’s defence stocks enter a volatile phase despite a 22% jump in Budget capex, as valuations run ahead of fundamentals. Brokerages remain bullish on BEL, HAL and Mazagon Dock, citing strong order pipelines and indigenisation tailwinds, but warn that execution risks and lofty expectations could cap near-term upside.Read More

Despite a sharp post-Budget market sell-off, brokerages remain bullish on structurally strong themes ranging from defence and infrastructure to data centres, EVs and rare earths. With capital expenditure rising and policy continuity intact, analysts have identified 35 stocks positioned to benefit from India’s long-term growth strategy.Read More

Sensex and Nifty rebounded from losses in a special weekend session, as investors assessed the implications of the federal budget, which fell short of expectations for measures to attract foreign capital.Read More

Following Union Budget 2026, market participants are analyzing its impact. Sundararaman Ramamurthy believes the STT hike will encourage longer-term equity investments and attract foreign funds by strengthening India’s manufacturing and infrastructure. The budget’s significant capital expenditure projection is seen as a step towards developed India.Read More

The Union Budget 2026 has increased Securities Transaction Tax (STT) on equity derivatives, impacting futures and options trading costs. STT on Nifty futures has risen from 0.02% to 0.05%, increasing the cost per lot by approximately Rs 500. Options trading also sees a 50% STT hike on premiums, raising concerns about market liquidity and foreign...Read More

Precious metals are witnessing high volatility, with silver likely to hold support near $65 and gold around $4,440 per troy ounce, says Manoj Kumar Jain of Prithvi Finmart. Prices remain sensitive to dollar fluctuations and geopolitical tensions. On MCX, gold and silver have defined support and resistance levels. Jain advises investors to wait for stability...Read More

Nilesh Shah of Kotak MF highlights the Union Budget 2026’s focus on continuity, fiscal prudence, and long-term growth drivers. The budget prioritizes reforms and execution, with capital expenditure exceeding net market borrowing for the first time. While STT hikes and SGB taxation pose challenges, increased focus on skilling and manufacturing are seen as positives.Read More