Market News

Mkts rebound as US pauses Iran strikes; gains capped as oil recoups losses

Indian equities rallied after the US delayed strikes on Iran, but gains were capped by elevated oil prices and continued uncertainty around the conflict

Power Grid outlook strong on capex push, but valuations look stretched

Power Grid's strong capex pipeline and improved execution support growth outlook, but elevated valuations temper upside for the regulated utility

Gold, silver ETF investors burnt after late-cycle rush amid correction

Nearly 3 million accounts added at peak, just before prices reversed

Gold rebounds ₹1,200 to ₹1.44 lakh/10g in Delhi; silver stays flat

Gold prices snapped a four-day losing streak and climbed Rs 1,200 to Rs 1.44 lakh per 10 grams in the national capital on Tuesday, while silver remained flat at Rs 2.30 lakh per kilogram, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,43,600 per 10 grams (inclusive of all taxes) on Monday. Traders attributed the rebound in domestic gold prices to a recovery in global commodity markets and some buying at lower levels after recent sharp declines. In the international markets, spot gold rebounded after nine sessions of losses, rising USD 16.96, or 0.38 per cent, to USD 4,423.83 per ounce, while silver was trading 1.03 per cent higher at USD 69.86 per ounce. "Spot gold, after falling for nine straight days, is trading steady at around USD 4,420 per ounce in the overseas trade on cautious optimism about the Iran war as the US President Donald Trump declared a five-day ceasefire on strikes against energy installations in Iran,

Rupee gains 0.1% to 93.86 after 3 day slide, traders remain cautious

The ‌rupee nudged up 0.1 per cent to end the session at 93.8650, from its close at 93.9750 in the previous session

Net FDI remains negative for fifth straight month in January: RBI data

Net FDI stood at negative $1.39 billion in January 2026 compared to negative $492 million in December 2025

PLNG valuations remain attractive, but near-term downtrend likely

Petronet LNG (PLNG) gets 8.5 mmtpa of LNG from Qatar (50 per cent of its volume) and PLNG has issued a press release in response to QatarEnergy's notice of force majeure

India's market capitalisation erodes $1.3 trillion from peak, shows data

While global mcap has declined 7.3 per cent this month, India's 13.3 per cent drop is the steepest among major markets

SC tells Sebi to respond to Sandesara plea in Sterling Biotech case

The SC bench observed that its primary concern was the recovery of funds, stating that it was interested in money coming back to India, as this would benefit banks

XED Institute may extend IPO subscription period amid weak demand

XED Institute may extend its IPO subscription window by three days amid weak demand and global uncertainty, with bids reaching only about 5 per cent so far.

Sebi eases reporting norms for brokers, reduces compliance burden

Sebi has relaxed reporting requirements for brokers and depository participants, allowing selective account reporting and simplifying demat disclosure norms

Monday mayhem: Sensex, Nifty 50 dive over 2% intraday; ₹13 trn wiped out

Today's selling erased more than ₹7 trillion from the Street. The total market capitalisation of all the BSE-listed companies stood at ₹421.37 trillion, down from Friday's m-cap of ₹428.76 trillion

HDFC Bank shares down 7.4% in 2 days after chairman Chakraborty's exit

Stock declines amid governance concerns after chairman's exit; brokerages say clarity on CEO reappointment and leadership stability may help restore investor confidence

Indian asset managers dump government bonds at record pace on oil shock

Mutual funds have net sold government bonds worth 356 billion rupees ($3.82 billion) so far this month, a record for any month, clearing house data showed

Rupee crashes 82 paise to record low of 93.71 against US dollar

The rupee crashed 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a steep rise in crude oil prices amid mounting geopolitical tensions. Forex traders said the Indian rupee is under tremendous pressure as surging crude oil prices and a shift toward risk-aversion dented investor sentiments. Moreover, heightened geopolitical uncertainty risks are driving energy costs higher, which could widen the trade deficit and stoke inflationary pressures, they added. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback and soon breached the 93-mark for the first time. It kept losing ground through the session and eventually settled at 93.71 (provisional), down 82 paise from its previous close. On Wednesday, the rupee slumped 49 paise to close at its previous record low of 92.89 against the US dollar. Forex markets were closed on Thursday on

Power infrastructure firm Polite Powertech files draft IPO papers with Sebi

Integrated power infrastructure EPC company Polite Powertech Ltd has filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI to raise funds through an Initial Public Offering (IPO). The IPO comprises a fresh issue of 1 crore equity shares and an offer for sale of 25 lakh equity shares. Proceeds from the issue will be utilised for funding working capital requirements of the company and general corporate purposes. Polite Powertech is an integrated power infrastructure engineering, procurement, and construction (EPC) company, engaged in the design, supply, installation, testing, and commissioning of power transmission, distribution, and renewable energy projects. The company reported a revenue from operations increasing sharply from nil in FY2023 to Rs 24.65 crore in FY2024 to Rs 155.63 crore in FY2025, and further reaching Rs 97.32 crore in H1 FY26. Arihant Capital Markets Limited and Valmiki Leela Capital Private Limited are the book-running lead managers (BRLMs) t

Gold falls 2.7% to over 1-month low on strong dollar, hawkish Fed tone

Central banks in the US, Canada and Japan struck hawkish tones this week, wary that rising energy prices could spark a fresh wave of inflation

Despite headwinds, air-conditioner growth to remain healthy this summer

Strong summer demand, low base and inventory push to support AC growth despite price hikes, raw material inflation and evolving energy efficiency norms

US, global central banks hold rates, warn of war-led inflation risks

Earlier this week the Reserve Bank of Australia hiked rates to a 10-month high and warned of a "material" risk to inflation from the oil price spike

SBI Funds Management files for IPO; SBI, Amundi to sell 203.7 mn shares

Existing ‌investors State Bank of India and Amundi will sell ​203.7 million shares through ‌the "offer ​for ‌sale" route. SBI Funds ‌will not ‌issue new ​shares ​in the IPO