Business news

Indian rupee trades over 1 pc higher after US trade deal

The Indian rupee jumped over 1 per cent against the US dollar on Tuesday, trading around ₹90.29–₹90.40 after the India US trade deal was announced, reflecting strong investor optimism and renewed foreign inflows. The surge came after the US agreed to cut reciprocal tariffs on Indian goods to 18 per cent, easing trade uncertainty and boosting sentiment in currency and equity markets.

Feb 3, 2026

JCRA assigns landmark ratings to Adani Ports, Adani Green and Adani Energy Solutions

Adani Group stocks surge over India-US trade deal, Adani Enterprises leads

Adani Group stocks surged in early trade following the India–US trade deal, led by Adani Enterprises, which approached its 10% upper circuit. Adani Green and Adani Energy gained over 7%, while Adani Ports, Adani Power, Ambuja Cements, and Adani Total rose more than 4%. The rally was driven by investor optimism over the trade deal, which reduces US tariffs on Indian goods to 18%, benefiting companies with significant exposure to the US. Jefferies highlighted the Adani Group and sectors such as auto ancillaries, solar, chemicals, and textiles as key beneficiaries.

Feb 3, 2026

Stock market continues positive momentum ahead of Fed rate cut, bank stocks jump

Stock market cheers India-US trade deal, Sensex rallies over 2,400 points

As of 9.25 am, Sensex added 2,421 points, or 2.97 per cent, to reach 84,088, and Nifty gained 741 points, or 2.96 per cent to settle at 25,829.

Feb 3, 2026

India's GDP growth to place it above sovereign peers in next 2 fiscals: S&P Global Ratings

The central government is set to meet its fiscal deficit estimate for fiscal 2026 (year ending March 31, 2026) of 4.4 per cent of GDP. It also budgeted for a 4.3 per cent deficit for fiscal 2027.

Feb 2, 2026

Budget 2026-27: What in it for middle class; Dr Singh answers

Addressing the media in a post-Budget interaction, the minister said it may take time to be fully appreciated, but the Budget reflects a clear, sequential vision where structural reforms are powered by cutting-edge technologies, and cutting-edge technologies are increasingly driven by AI.

Feb 2, 2026

Sensex, Nifty rebound sharply after Budget-Day rout

The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.

Feb 2, 2026

India emerges as key engine of global growth: FM Sitharaman

The chart showed that China contributes 26 per cent and India 17 per cent to global GDP growth, putting the two Asian economies ahead of the United States in driving global expansion.

Feb 2, 2026

Closing Bell:Market deep in red, Sensex crashes1,066 pts, investors lose , Nifty below 25,250

Sensex, Nifty in green despite negative global cues

As of 9.33 am, Sensex added 373 points, or 0.46 per cent, to reach 81,096, and Nifty gained 87 points, or 0.35 per cent to settle at 24,913.

Feb 2, 2026

STT hike to address systemic risks, curb excessive speculation in futures and options: Govt

Addressing the media here after the Budget 2026-27 was presented, Revenue Secretary Arvind Shrivastava said the intent to increase STT on futures and options is aimed at curbing excessive speculation as well as systemic risks linked to STT.

Feb 1, 2026

Sensex and Nifty crash by 1 pc, IndusInd Bank top loser

Worst budget day in 6 years: Sensex crashes 2,300 points on STT hike fears

Dalal Street endured a "Sunday Bloodbath" as the Sensex plunged nearly 2,300 points and Nifty fell 600 points after the government hiked Securities Transaction Tax on futures and options. The steep increase triggered a massive sell-off in brokerage and PSU bank stocks. While IT stocks remained resilient, overall investor wealth eroded as India VIX surged 12 percent.

Feb 1, 2026

Sensex, Nifty open nearly flat on Budget Day

As of 9.24 am, Sensex added 9 points, or 0.01 per cent, to reach 82,278, and Nifty lost 28 points, or 0.11 per cent to settle at 25,291. Main broad-cap indices posted notable losses as the Nifty Midcap 100 declined 0.73 per cent, and the Nifty Smallcap 100 lost 1.55 per cent.

Feb 1, 2026

SBI launches 'CHAKRA' centre to finance India's sunrise sectors

The centre will focus on eight sunrise sectors including renewable energy, advanced cell chemistry and battery storage, electric mobility, green hydrogen, semiconductors, decarbonisation, smart infrastructure and data centre infrastructure, a statement said.

Jan 31, 2026

Budget 2026–27: Affordable housing, tax cuts and women-led growth top expert wish list

Budget 2026: BSE and NSE to stay open for trading on Feb 1

The National Stock Exchange said in a circular that "On account of the presentation of the Union Budget, members are requested to note that Exchange shall be conducting a live trading session on February 1, 2026, as per the standard market timings (9:15 am-3:30 pm)."

Jan 31, 2026

India's forex reaches all-time high of $709.413 billion ahead of Budget 2026

According to the RBI data, the value of Foreign Currency Assets (FCA), the largest component of the reserves, increased by $2.367 billion to $562.885 billion, in the week ended January 23.

Jan 30, 2026

Budget 2026 may propose Banking Governance Bill to push PSU banks fund big projects

The government may also separately consider raising the foreign direct investment (FDI) limit in public sector banks above the current 20 per cent cap and narrowing their pay and talent gaps with private banks.

Jan 30, 2026