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Indian equities closed higher after a rally on Tuesday, tracking optimism over the India–EU trade pact. The Sensex jumped 320 points in the last hour to end at 81,857, while Nifty 50 rose 127 points to 25,175. Metals outperformed, led by Tata Steel, NTPC and Axis Bank, as M&M, Asian Paints and Kotak Bank dragged.
PM Narendra Modi said the proposed India–EU free trade agreement will boost manufacturing, services, and investor confidence. A key highlight is the likely reduction of import duty on luxury cars from 110% to 40%, making brands like Mercedes-Benz, BMW, Audi, and Ferrari more affordable in India while strengthening bilateral investment ties.
Gold and silver prices in Hyderabad scaled fresh highs on January 27. Twenty-four-carat gold stood at Rs 1,61,950 per 10 grams, while 22-carat gold was Rs 1,48,450. Silver jumped to Rs 3,87,000 per kg, tracking a weaker dollar, MCX gains, safe-haven demand and expectations of global rate cuts amid firm industrial demand and geopolitical uncertainty.
The Indian rupee recovered 10 paise to trade at 91.80 against the US dollar after touching historic lows. Forex traders attributed the gain to a retreat in the dollar index and short-covering activity. Analysts suggest the modest rebound is part of broader currency market adjustments rather than a sustained uptrend for the rupee.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, January 27, 2026. The Sensex started trading today at 81593.89, up at 56.19 points or 0.07%, and the Nifty was at 25086.15, up at 37.50 points or 0.15%. Meanwhile, the Indian rupee was trading today at 91.87 against the dollar.
Indian equity markets, including BSE and NSE, are closed today for the 77th Republic Day, halting equity and currency trading. Commodity derivatives continue with an evening session. Ahead of the Union Budget, a rare Sunday session is scheduled on Feb 1. Normal trading resumes tomorrow, as investors prepare for pre-Budget positioning amid a compressed schedule.
India and the EU will announce the conclusion of their 18-year-long free trade agreement on January 27. The pact aims to reduce duties on over 90% of goods, enhance services trade, and diversify exports amid US tariffs. India seeks zero-duty access for textiles and leather, while the EU targets autos, wine, and high-tech sectors.
Indian markets closed lower on January 23, 2026, led by a sharp fall in Adani Group, Eternal, and IndiGo shares. BSE Sensex fell 769.67 points to 81,537.7, while NSE Nifty50 declined 241.25 points to 25,048.65. Broader indices also slipped, with Nifty Midcap 100 down 1.8% and Nifty Smallcap 100 down 1.95%.
Amazon aims to reduce its corporate workforce further, with a second round of layoffs expected next week as part of its ongoing restructuring efforts. The company had previously cut 14,000 jobs in October, approximately half the planned total. Sources familiar with the matter say this round will be similar in size and could start immediately.
The Sensex and Nifty opened at fresh record levels in early trade today, with slight increases. The Sensex rose over 80 points to trade above 82,300, while the Nifty gained more than 30 points, staying above 25,300. Market sentiment remains cautious. Meanwhile, the rupee is trading at 91.50 against the US dollar, influenced by global […]
Indian stock markets closed higher on Thursday, ending a three-day decline as easing geopolitical tensions boosted sentiment. The Sensex rose 398 points to 82,307, while Nifty gained 132 points to 25,290. PSU banks and media stocks led gains, while mid- and small-cap indices also advanced on broad-based buying.
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, January 22, 2026. The Sensex started trading today at 82459.66, up at 550.03 points or 0.67%, and the Nifty was at 25344.15, up at 186.65 points or 0.74%. Meanwhile, the Indian rupee was trading today at 91.53 against the dollar.
Deepinder Goyal will step down as Eternal’s Group CEO on February 1, 2026, focusing on higher-risk ventures outside the company. Albinder Dhindsa will succeed him. The announcement follows Eternal receiving GST demand orders worth over Rs 27.56 crore for 2020–2022, which the company plans to appeal. Goyal will remain Vice Chairman.
Brand Finance 2026 released its list of the world’s strongest IT services brands, with Accenture securing the top spot. Five Indian companies made the top ten: Infosys third, TCS fourth, HCL Tech seventh, Tech Mahindra ninth, and Wipro tenth. IBM, Capgemini, and Cognizant also featured among the leading global IT brands.
Indian markets closed lower for the third straight session on January 21, 2026, amid rising geopolitical tensions. Sensex fell 271 points to 81,909, while Nifty ended at 25,158. Banking, chemicals and consumer durables dragged indices. Metals and oil & gas stocks gained. Midcap and smallcap indices also declined.