Shares of textile companies, including Gokaldas Exports, Pearl Global, and Trident, dropped sharply on Tuesday after the government cut RoDTEP duty benefits by 50%. Exporters urged the government to review the decison citing higher costs and slowing demand. The RoDTEP scheme refunds taxes and duties that are not rebated under any other scheme.Read More

A top Federal Reserve official sees little impact on monetary policy from the Supreme Court’s tariff ruling, despite acknowledging new economic uncertainties. While potential cost relief could modestly aid growth, ongoing trade policy shifts and upcoming labor data will heavily influence interest rate decisions, keeping markets on edge.Read More

Indian government bonds are trading in a narrow band. Investors are cautious due to significant state borrowing plans. Softer U.S. Treasury yields are providing some stability. The market awaits the outcome of state debt auctions. A large federal government bond sale is also scheduled. Global factors like U.S. yields and crude prices are being closely...Read More

India’s equity market faces a holding pattern due to a prolonged earnings downgrade cycle, with valuations remaining elevated. While domestic inflows have buffered FII outflows, they’ve also delayed a necessary valuation reset. A turn in the earnings revision cycle, particularly with FY28 projections, is crucial for the market’s next upward move.Read More

Shares of IBM plunged 13.2% Monday, marking their steepest single-day drop in over 25 years, after AI startup Anthropic said its Claude Code tool can modernise COBOL, the legacy programming language running on IBM systems, raising concerns of AI-driven disruption in IT and cybersecurity stocks.Read More

Indian markets face uncertainty driven by US tariff concerns and geopolitical factors, leading to cautious sentiment. AI’s impact on IT services remains unclear, while digital lending platforms show potential for financial services. The auto sector exhibits mixed but positive momentum, with ferrous metals also showing promise.Read More

Indian benchmark indices Nifty 50 and BSE Sensex experienced a sharp decline on Tuesday, with IT and auto stocks leading the fall. Investor wealth plummeted by Rs 2.94 lakh crore. Concerns over AI’s impact on COBOL systems and renewed tariff threats from former US President Trump contributed to the market downturn.Read More

Investors are advised patience with Hindustan Aeronautics Limited (HAL) despite its strong order book, as recent sentiment shifts and current valuations warrant caution. In the IT sector, selective opportunities exist in midcap players like KPIT, Mphasis, and Datamatics, driven by AI adaptability. IDFC First Bank requires trust repair and regulatory clarity before fresh exposure.Read More

The Indian Rupee experienced a dip of 7 paise against the US Dollar, trading at 90.96 in early trade. This decline was influenced by escalating global crude oil prices and a strengthening dollar. Domestic equity markets also opened on a weak note, adding pressure. However, foreign institutional investor inflows provided some stability, preventing a steeper...Read More

India’s economy is experiencing strong GDP growth, driven by fiscal and monetary stimulus and new trade deals with the US and EU. While past growth didn’t translate to corporate earnings, improving inflation and nominal GDP are expected to boost profits, attracting foreign investment and signaling a positive market outlook for the longer term.Read More