Indices

Indian benchmark indices have fallen over 15% so far this year, entering a correction phase as higher transaction taxes, geopolitical tensions and currency weakness weighed on sentiment.

Japan's Nikkei 225 Stock Average climbed 1.4% and Korea's Kospi jumped 2.7% . Asian markets were closed on Friday in Australia, New Zealand, Hong Kong, Singapore, the Philippines and Indonesia.

Fourteen out of fifteen sectoral gauges compiled by the NSE trade lower, led by the NSE Nifty PSU Bank Index's 2.4% losses. On the flipside, the NSE Nifty IT Index was the only sectoral gainer, up 1.5%

The S&P 500 Index closed 0.7% higher, while the Nasdaq 100 Index jumped 1.2%. The moves build on a Tuesday rally where US equities had their best day since May.

For investors navigating the growing world of passive investing, such strategies provide a transparent route to equity participation.

Fourteen out of fifteen sectoral indices compiled by the NSE ended higher, led by the NSE Nifty India Defence Index's 5.3% rally. On the flipside, the NSE Nifty Pharma Index was the only sectoral loser, down 1%

A sharp shift at the open shows why the obvious trade is often the wrong one.

Nifty has declined more than 15% so far this year, entering a correction phase amid domestic and global pressures.

More index stocks are now trading below analyst expectations, signalling a shift in market trends and raising questions about how forecasts are aligning with reality.

Analysts said a 30-35% increase in ticket prices, or about Rs 2,000 per ticket, would be required to fully pass on costs.

Garden Reach Shipbuilders share price rose as much as 14.9%, while Mazagon Dock Shipbuilders and Cochin Shipyard rose as much as 9.9% and 12.1% respectively.

Nifty 50 dropped 5.1% and Sensex fell 7.1% in FY26. Heading into FY27, analysts believe the Indian equity market will face several notable risks that could drive volatility and potential derating.

From a tactical standpoint, CLSA described the current setup as a "bottom-fishing" opportunity.

Nifty sees major slump during the lat 30-minute trade amid weekly and monthly F&O expiry. All the 15 sectoral gauges compiled by the NSE declined, led by the NSE Nifty PSU Bank Index's 4.5% fall.

The Nikkei 225 Stock Average fell as much as 5.3% and the Topix index was down 4.8% at one point in Tokyo.

Equities in Japan and South Korea slumped more than 3%, while the broader MSCI Asia Pacific Index dropped 2.4%.

Besides, the rupee-dollar trend and trading activity of foreign investors would also play a crucial role in dictating investors' sentiment.

The Bank Nifty index finds immediate support in the 51,800-51,700 zone, analysts said.

Indian benchmarks navigate high-intensity volatility and energy supply shocks as the Strait of Hormuz blockade enters its second month, triggering a global recalibration of risk.

Stock Market Crash Today: The blue-chip indices are set to log their fifth consecutive weekly loss, the longest stretch since August.