Defense, self-reliance and budget priorities: sectoral opportunities in a changing strategic landscape

India’s defense sector is at a transformative crossroads. As global geopolitical tensions reshape alliances and redefine strategic imperatives, the country’s commitment to self-reliance and modernization has evolved from ambition to tangible reality.Contemporary strategic imperatives are forcing countries to modernize their armed forces against hybrid threats, including drone swarms and hypersonic missiles, as illustrated in the […]

Market participants are seeking equity tax relief ahead of the Budget

Market participants have urged the government to ease capital market taxes, including a higher exemption limit for long-term capital gains, ahead of the 2026-2027 Union Budget.They also suggested that the government avoid further increases in transaction taxes. The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1.Market participants also demanded an […]

MRPL, SAIL, Tata Steel in focus as Nifty signals bottom formation near 25,500: Nagaraj Shetti

Indian equity markets are showing early signs of stabilization after weeks of volatility, with the Nifty consolidating around key support levels, said Nagaraj Shetti, Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Shetti said the index has been witnessing high volatility near the 25,500-25,600 zone, but consistent buying from lower levels indicates a […]

The rupee breaks a four-day losing streak, as importers’ hedging cuts gains

The Indian rupee ended slightly higher on Tuesday, breaking its four-day losing streak as state-owned banks and foreign lenders sold dollars.However, importers took advantage of this move to increase hedging, which bankers said dampened profits. The local currency opened at 90.2150 and rose to an intraday high of 90.09, supported by dollar offers from state-owned […]

Helpful correction looks healthy, 26,100 key support; Bank Nifty Likely to Outperform: Vinay Rajani

Indian equity benchmarks witnessed mild selling pressure after hitting record highs earlier this week, but the broader trend remains constructive, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said the Nifty’s recent decline is an ‘ongoing correction’ rather than a trend reversal. Despite falling over 200 […]

The rupee is recovering after the index rebalancing, traders are cutting their long positions on the US dollar

The Indian rupee rose against the US dollar on Tuesday, falling in three days as index rebalancing inflows and shortened dollar longs improved sentiment in thin year-end trading.The rupee ended 0.2% higher at 89.79 per dollar at 89.9325 after opening. The price remained within range all morning and had settled at 89.9750 on Monday. “The […]

Market volatility sentiment driven, not yet structural collapse: Vinay Rajani

The ongoing volatility in Indian equities is largely sentiment-driven rather than structurally weak, with the benchmark index stuck within a tight consolidation band for over a month, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said that the market has remained within a certain range for […]