Indices

Sensex fell over 300 points and the Nifty traded below 25,550 after the RBI Monetary Policy Committee kept the benchmark repo rates unchanged at 5.25%. The NSE Nifty Private Bank Index was the top sectoral gainer, while the NSE Nifty PSU Banks index was the top sectoral loser as rate cut cycle goes on hold.

The structure of hiring in Indias IT sector is changing. As automation and new delivery models gain ground, companies are reassessing how many people they need — and what kind of skills matter most in the next phase of growth.

It is evident that the market is unhappy about the prospects of the leader stocks and expect more declines in them.

The Nifty 50 ended 133 points or 0.5% lower at 25.642 and the BSE Sensex tanked 506 points or 0.6% at 83,311. The boarder market showed mixed performance.

Economists see RBI keeping the repo rate unchanged as inflation rises from recent lows, growth holds up and the impact of earlier easing continues to filter through the economy.

Holding beyond this level will open further upside to 26,000 and 26,350 levels in the coming sessions.

Indian equity benchmarks were subdued. The BSE Sensex and the NSE Nifty were trading little changed.

The BSE Sensex rose 2,319 points. It had risen as much as 4,200 points to 85,871.The NSE Nifty 50 rose 2.8% to 25,783.95 after rising as much as 5% intraday.

India's budget offers a five-year tax exemption on foreign income for non-resident professionals in approved schemes, aiming to attract global talent in electronics and semiconductors.

Schiff comments came after the precious metal recovered on Tuesday following a sharp retreat over the past two sessions.

As the post gained traction, many people agreed with Kacholia’s sentiment, noting that the market may have gotten its final “trigger”.

The exemption is subject to four conditions, according to the sources. The development came after the Finance Minister Nirmala Sitharaman, in the Budget speech on Sunday, announced a tax holiday for foreign companies that provide global cloud services using data centres located in India.

After a year of tariffs, FII outflows and stalled momentum, something is shifting for Indian equities. Trade clarity, relative positioning and sentiment are aligning in ways markets have been waiting for.

The India-US trade agreement arrived just as markets were recalibrating global trade risk. A reset in tariffs and a clear growth ambition have altered how investors view exports, competitiveness and capital flows. Heres why timing matters.

Indian markets continued their broadbased rally on Tuesday as investors welcomed the IndiaUS trade deal, which reduced reciprocal tariffs and removed a longstanding overhang on equities.

Sensex and Nifty rebound after early losses, a day after the Budget rout triggered by higher STT on futures and options. Follow minute-by-minute index moves, top gainers, BSE breadth and reactions to the derivatives tax "course correction."

The local currency appreciated as much as 1.2% to 90.42 against the greenback. Meanwhile the yield on the 10-year note fell as much as five basis points to 5.71%

The deal is expected to help Indian goods entering the US market as they were facing sweeping 50% since Aug. 27.

Sergio Gor, who took charge as the US ambassador to India in January, quickly emerged as a key figure in reshaping US - India relations under President Trump. 

The GIFT Nifty—an early indicator of Nifty 50's performance—traded at 25,919.50 as of 6:30 am, suggesting a gap-up open after India and the United States agreed to a trade deal that cuts reciprocal tariffs on Indian imports to 18%.