Gurugram to surpass Mumbai in ultra-luxury sales by 2025

India’s luxury housing market has found a new leader in 2025, with Gurugram emerging as the country’s fastest-growing ultra-premium residential hub, a report said on Monday. The city recorded a whopping Rs 24,120 crore worth of transactions in homes priced at Rs 10 crore and above in the calendar year 2025, according to the latest […]

Global Markets | Australian shares fall on US tariff turmoil; miners are bucking the trend

Australian shares fell on Monday as new uncertainty around US tariff policy left investors confused, dragging down most sectors except the mining sector, which benefited from flows from safe havens. The S&P/ASX 200 index ended 0.6% lower at 9,026 points. The benchmark rose 1.8% last week. Markets were left with a murky picture after the […]

Textile stocks mixed: Gokaldas exports down 4%, Welspun up 5% after US SC tariff ruling

Textile stocks traded mixed on Monday with Gokaldas exports falling 3% to touch the day’s low of Rs 766.25 on the National Stock Exchange (NSE), while Indo Count and KPR Mill fell to 1.3% in early trade as uncertainty over tariff impact loomed. In contrast, Welspun Living rose 4.5% to hit the day’s high of […]

Indian bonds are stuck due to geopolitical risk and high supply

Indian government bonds traded within a narrow range early on Monday as concerns over geopolitical developments and domestic supply dampened demand. Risk appetite for US debt declined after the US Supreme Court struck down President Donald Trump’s tariffs, with the Trump administration imposing new duties immediately afterwards. These moves filtered into domestic sentiment, leaving traders […]

Ola Electric is in focus amid plans to cut physical stores

Shares of Ola Electric are expected to take center stage during Monday’s trading session as the company plans to further reduce its physical store network to around 550 outlets by March end. The move comes amid a significant decline in market share and increasing operational challenges, said an Economic Times report.The planned downsizing marks a […]

Oil declines due to nuclear talks with Iran, new tariff uncertainty in the US

Oil prices fell 1% on Monday as the US and Iran moved towards a third round of nuclear talks, easing concerns about a potential conflict, while President Donald Trump created uncertainty for global growth and fuel demand with a new round of tariff hikes. Brent crude futures were down 75 cents, or 1.05%, at $71.01 […]

Short coverage probably, but the rate flip-flop has to weigh

Mumbai: Indian shares entered Monday with muted optimism after a US Supreme Court ruling declared US President Donald Trump’s tariffs illegal, triggering a new twist in the trade story. Trump followed with a 10% levy and later increased it to 15% for all countries. This is actually lower than the rates agreed earlier this month, […]

Bearish bets on local IT counters rise as AI scare scares investors

Mumbai: Traders have stepped up their bearish derivatives bets on India’s IT sector to all-time highs in recent times as global AI-related developments have raised questions over the prospects of software exporters and triggered a sharp sense of risk in the sector. While most IT stock futures see their biggest position builds in 2026, bearish […]

US Supreme Court ruling on tariffs: why Emkay sees India as beneficiary amid Trump’s slip-ups

The US Supreme Court’s decision to strike down President Donald Trump’s reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA) has paved the way for a new reset in global trade dynamics, with immediate implications for India and other emerging markets. Emkay described the development as likely a trade restart, noting that while the […]