Despite strong macro fundamentals, Indian markets lag peers. Global rotation, AI exuberance and timing gaps may explain the disconnect, hinting at a delayed rebound.
Michael Debabrata Patra
Amey Bane/iStockphoto.com
An end-of-day recap of all that transpired in the Indian markets, highlighting the major price movements and the factors driving them
Dehuti Jani
RBI’s buy-sell FX swaps are read as rupee signals. They are not. An explainer on why swaps manage liquidity and hedging, not the exchange rate.
V Thiagarajan
Here’s your quick read to start the day: a chatty, no-fuss look at overnight moves, the big story, what’s on the docket, and the tickers you need to watch.
Richard Fargose
Via WikiCommons
A WhatsApp status leak at ICICI Lombard raises hard questions on UPSI discipline, draft disclosures, and how serious SEBI is about enforcement.
Krishnadevan V
iStock.com
As global order hardens and power dynamics take centrestage, India must master an unforgiving game with higher stakes.
Phynix
White House
Federal Reserve
The Supreme Court of the United States
L&T has built India’s broadest private defence platform, but slow procurement, falling margins and long gestation test whether patience can still pay investors.
Dev Chandrasekhar
PIB
istocks/imaginima
Jewellery sales jumped 41–51% in Q3, but soaring gold prices did the heavy lifting. Investors should watch volumes, mix shifts, and inventory risk.
iStock.com/D. Talukdar
India should recognise silver as a critical industrial and energy-transition metal, not merely a precious commodity, and integrate it into its minerals and clean-energy strategy.
Ajay Srivastava
It would be an understatement to say that stocks are priced at lofty valuations; in fact, they are priced for economic perfection.
Desmond Lachman
iStocks/tawatchaiprakobkit
Michael Patra is an economist and former RBI Deputy Governor.
Arun is a seasoned writer on economic and policy matters.
Abheek is an Independent Economist and the Former Chief Economist at HDFC Bank.
Ajay Srivastava is the founder of the Global Trade Research Initiative.
Vijay Singh Chauhan, a former IRS official, is a Senior Visiting Fellow at ICPP, Ashoka University
Dhananjay, a D-School alum, is CEO and Co-Head of Equities at Systematix Group.
Kriti is a psychologist specialising in mental health, org behaviour, and brand strategy
Srinath is an author, corporate advisor, and independent director on corporate boards.
Ex-civil servant Chavaly held key Railways, Finance roles; specialises in infra & PPPs
Nilanjan Banik, Professor at Mahindra University, specialises in trade and development economics.
Sachin was till recently an MD with Standard Chartered Bank.
Rajesh Mahapatra is the former Editor of The Press Trust of India
Krishnadevan is Editorial Director at BasisPoint Insight.
Chandra advises companies on big-picture narratives on strategy and markets.
Kalyan Ram co-founded Cogencis. He now leads BasisPoint Insight.
Gurumurthy is an ex-central banker who handled markets, and later, financial stability for RBI.
Lt Gen Syed Ata Hasnain is a former Commander of India’s Kashmir Corps.