Various high-frequency indicators reflect that India’s economic activity has gained momentum following the reduction in the Goods and Services Tax (GST), according to the Finance Ministry’s Monthly Economic Review released on Thursday.

E-way bill generation expanded by 14.4 per cent during September and October 2025 on a year-on-year basis. At the same time, cumulative GST collection growth of 9 per cent for April–October 2025 indicates that the underlying revenue stream has remained resilient, aided by firm consumption and improved compliance.

Momentum was also evident in the production economy. In October, the manufacturing sector continued to show improvement, with the Manufacturing Purchasing Managers' Index (PMI) rising to 59.2 from 57.5 in September. This increase was driven by GST relief, productivity enhancements, and investments in technology, the report states.

The confluence of well-anchored inflation expectations, sustained public capital expenditure, and firming rural and urban demand places the Indian economy on a stable footing, positioning it to navigate emerging risks and preserve its growth momentum through the remainder of FY26, according to the Finance Ministry’s Monthly Economic Review released on Thursday.

India’s overall macroeconomic environment remains stable, supported by easing inflation, resilient domestic demand, and continued policy momentum. The favourable impact of GST rationalisation is increasingly visible in consumption indicators, while robust agricultural activity — reflected in the strong onset of Rabi sowing and adequate reservoir levels — has reinforced the outlook for food supply and rural incomes, the Ministry's Review for the month of October states.

Indian stock markets continued their strong momentum on Thursday, with both the Sensex and Nifty hitting new record highs.

Investors remained optimistic as hopes of interest rate cuts in the US and India grew stronger, while steady buying by foreign investors further boosted sentiment across sectors.

The Nifty climbed to a fresh all-time high of 26,306.95, surpassing its previous record of 26,277.35 touched on September 27, 2024.

The Sensex also crossed a major milestone, moving past the 86,000 mark for the first time to reach 86,026.18.

Gold and silver prices fell in early trade on the MCX on Thursday as traders booked profits after the recent rally.

The decline came even as investors continued to watch for signals from the US Federal Reserve ahead of its monetary policy meeting next month.

During early trade, MCX Gold December futures were down 0.36 per cent at Rs 1,25,480 per 10 grams, while MCX Silver December contracts slipped 0.20 per cent to Rs 1,60,950 per kg.

Gold has support at $4130-4095 while resistance at $4195-4225. Silver has support at $52.65-52.35 while resistance is at $53.65-53.90, as per analysts.

Indian stock markets picked up pace after a slow start on Thursday, with the Nifty index touching a fresh record high.

The Nifty climbed to a new all-time high of 26,295.55, breaking its earlier record of 26,277 set on September 27, 2024. It took the index 287 sessions to reach this new peak.

The Nifty extended its recent gains, reinforcing the prevailing bullish undertone after a phase of consolidation.

"The index now finds strong immediate support in the 26,050–26,100 region, which has consistently acted as a demand zone. On the upside, resistance has gradually shifted toward the 26,300–26,350 band, where selling pressure is expected to emerge and potentially limit near-term upside," market watchers said.

India appears to be entering a long-awaited earnings upgrade cycle, driven by resilient corporate performance, strong festive demand, supportive policy actions, and an improving macroeconomic environment, a report said on Wednesday.

After five consecutive quarters of downward revisions, Nifty earnings have finally reversed course, showing upgrades of 0.7 per cent, 0.9 per cent and 1.3 per cent for FY26, FY27 and FY28, respectively.

"This marks a significant shift in sentiment and establishes early but clear signals of a broad-based revival in corporate profitability," according to the report by PL Capital.

Nifty has risen 4 per cent in the past three months, breaking out of a prolonged consolidation phase.

The quantum of delayed payments to MSMEs has steadily declined from Rs 10.7 lakh crore in 2022 to Rs 7.34 lakh crore by March 2024, indicating a positive impact of policy measures, according to a new report.

The report provides a comprehensive update on the critical issue of delayed payments to Micro, Small, and Medium Enterprises (MSMEs) in India, quantifying the value locked in delayed receivables at Rs 7.34 lakh crore (inflation-adjusted) as of March 2024, down from Rs 8.27 lakh crore in 2023 and the peak estimate of Rs 10.7 lakh crore in 2022.

MCX shares surged 3.21 per cent on Wednesday to hit a new lifetime high of Rs 10,139.50 per share, marking the first time the stock has crossed the Rs 10,000 level since its market debut.

This rise also extended the stock’s winning streak to three consecutive sessions.

The commodity exchange and data platform company has now broken past its previous record high of Rs 9,975, which was touched on November 20.

MCX has delivered a strong performance over the past month, jumping 13 per cent at a time when the BSE Sensex has gained only 0.26 per cent.

Gold and silver prices continued their upward trend on Wednesday, rising by more than half a per cent in early trade.

The gains came a day after both metals posted over 1 per cent growth, supported by strong demand in the spot market and rising expectations of an interest rate cut by the US Federal Reserve.

During the early trade, MCX gold December futures were trading 0.50 per cent higher at Rs 1,25,835 per 10 grams.

MCX silver December futures were also up 0.91 per cent at Rs 1,57,750 per kg.

Indian share markets opened higher on Wednesday, supported by strong global cues.

The Sensex rose 260 points, or 0.31 per cent, to 84,847, while the Nifty gained 88 points, or 0.34 per cent, to trade at 25,973 during early trading session.

"The Nifty continues to remain range-bound, with resistance placed around 26,000–26,050 and near-term support at 25,750–25,800 ; a zone that may attract accumulation if tested," analysts said.

"Fresh long positions can be considered once the Nifty convincingly crosses 26,100–26,130, while keeping a close watch on global cues and key technical levels," market watchers added.

As the last date for Central government employees to opt for the Unified Pension Scheme (UPS) draws near, the Finance Ministry on Tuesday issued a reminder that eligible employees and NPS subscribers can submit requests to nodal officers till November 30 through the Central Recordkeeping Agency (CRA) system or via physical application.

The nodal offices will process all requests in accordance with the prescribed procedure. Key benefits under UPS include the switch option, tax exemptions, resignation and compulsory retirement benefits. All eligible employees and past retirees of the Central government under NPS are urged to submit their UPS requests on time to avail these benefits, an official statement said.

Indian businesses are increasingly confident and better prepared to navigate the complexities of global trade, with 77 per cent reporting greater certainty about trade policy impact on their operations compared to six months ago, a new report said on Tuesday.

Around 80 per cent of Indian businesses anticipate a positive impact from recent trade policy changes in the next two years, the report from HSBC India said.

Further, the proportion of Indian businesses feeling "informed and well-prepared" to respond to changing trade regulations rose to 49 per cent from 44 per cent six months earlier, the report said.

India may need to slow down its spending growth in the second half of FY26 to stay on track with its fiscal deficit target, a new report said on Tuesday.

The data compiled by Morgan Stanley highlighted that while the government’s capital expenditure has been strong, revenue collections have been weaker than expected due to slow nominal GDP growth.

Morgan Stanley noted that in the first half of FY26, tax revenue growth was significantly below budget expectations.

Revenue collections grew just 4.5 per cent year-on-year (YoY), compared to the government’s full-year target of 12.6 per cent.

Gold prices saw a strong rise on Tuesday as expectations of a US Federal Reserve rate cut and festive season demand boosted sentiment.

In early trade on the Multi Commodity Exchange (MCX), gold futures for December delivery were up 1 per cent at Rs 1,25,106 per 10 grams around 9:47 am.

Silver prices also moved higher. MCX Silver December contracts were trading 1.34 per cent higher at Rs 1,56,551 per kg during the same time.

“In INR gold has support at Rs1,23,150-1,22,580 while resistance at Rs1,24,650-1,25,200,” analysts said.

The Indian stock market opened on a flat note on Tuesday as investors awaited fresh triggers.

Both benchmark indices, the Sensex and the Nifty, were slightly lower in early trade.

The Sensex slipped 76 points, or 0.09 per cent, to trade at 84,824 levels. Similarly, the Nifty dropped 29 points, or 0.11 per cent, to 25,931.

“Nifty now holds immediate support at 25,850–25,800, a zone increasingly acting as an accumulation area for medium-term participants,” market watchers said.

Interglobe Aviation, the parent company of IndiGo, rose around 2 per cent to Rs 5,953 in early trading on Monday following the announcement from BSE that the airline stock will join the 30-share Sensex on December 22, replacing Tata Motors Passenger Vehicles.

The shares of the PV-maker Tata Motors dropped over 1.5 per cent following the exclusion. Both the shares regained some of the lost ground as of 11:20 am.

Interglobe traded at Rs 5,853, up Rs 9.50 or 0.16 per cent, while Tata Motors Passenger Vehicles stood at Rs 357.40, after a drop of Rs 4.85 or 1.34 per cent as of 11:20 am.

India’s economy is expected to grow 6.5 per cent in the current financial year, driven mainly by strong domestic demand, recent tax cuts, and monetary policy easing, a new report said on Monday.

The data compiled by S&P Global Ratings also projected growth to rise to 6.7 per cent in the next fiscal, with risks to the outlook remaining balanced.

India’s growth momentum has remained strong, with the real GDP expanding 7.8 per cent in the April–June quarter of FY26, the fastest pace in five quarters, the report said.

The government will release the GDP figures for the July–September quarter on November 28.

Gold prices fell sharply on Monday as weak chances of a US Federal Reserve rate cut and easing geopolitical tensions weighed on investor sentiment.

A stronger US dollar also added pressure on the precious metal.

On the Multi Commodity Exchange (MCX), gold December futures dropped 1 per cent to Rs 1,22,950 per 10 grams.

Silver followed the trend, with December futures falling 0.61 per cent to Rs 1,53,209 per kg in early trade.

The Indian rupee opened stronger on Monday, rising by 26 paise against the US dollar, as currency experts said the improvement may be due to support from the Reserve Bank of India (RBI).

The rupee opened at 89.1450 against the US dollar, compared to the previous close of 89.4088.

Experts said that 88.80 has now become a strong support level from a technical perspective.

They added that if the rupee closes below this level on a daily basis, it could signal further strength for the currency

Indian stock markets opened on a positive note on Monday, supported by buying in global markets.

The benchmark indices gained up to 0.1 per cent in early trade. The Sensex was trading at 85,354, up 122 points, while the Nifty stood at 26,109, higher by 41 points.

The Nifty maintained strong bullish momentum this week, touching a record high of 26,246 before some profit-booking kicked in.

Its close above the 26,000 mark on the daily chart underscores persistent buying interest, analysts said.

India’s alternative investment ecosystem has entered a defining phase, with portfolio management services (PMS) and alternative investment funds (AIFs) collectively crossing Rs 23 lakh crore in assets (as on September 2025) in the last 10 years, a report showed on Friday.

Over the past 10 years, these investments have grown at a remarkable compound annual growth rate (CAGR) of 31.24 per cent, surging from Rs 1.54 lakh crore to Rs 23.43 lakh crore.

Shares of edtech firm PhysicsWallah continued to trade in the red on Friday, marking the third consecutive session of losses since its market debut.

Analysts said traders should adopt a cautious investment strategy as the newly listed stock remains highly volatile.

The stock saw sharp swings during the day. It initially surged more than 5 per cent to Rs 149.59 apiece but later erased all gains and slipped over 2 per cent to Rs 139.07 apiece by 1:46 pm.

The company’s market capitalisation currently stands at Rs 40,490 crore.

Gold prices saw a massive dip on Friday amid stronger than expected US September jobs data, which faded expectations of a near-term Federal Reserve rate cut.

Gold futures contracts on the Multi Commodity Exchange (MCX) were firmly in red (as of 12.43 pm) as the December futures dropped by Rs 1,067, or 0.87 per cent, to Rs 1,21,697 per 10 grams.

MCX Silver December contracts dipped 2.17 per cent or Rs 3,349 to Rs 1,50,802 per kg.

The price of 10 grams of 24-carat gold was at Rs 1,22,149 down from Rs 1,22,881 on Thursday, according to data published by the India Bullion and Jewellers Association (IBJA).

The HSBC Flash India Composite Output Index stood at 59.9 in November as survey participants remained upbeat towards the year-ahead outlook for output, according to data released by S&P Global on Friday.

The HSBC Flash PMI for November pointed to a further substantial expansion in private sector output across the country.

Pranjul Bhandari, Chief India Economist at HSBC, said that "The HSBC flash manufacturing PMI eased, though the improvement in operating conditions remained healthy.

Indian benchmark indices opened in mild red zone on Friday, amid negative global cues and fading investor hopes of a US Fed rate cut in December.

As of 9.25 am, Sensex declined 80 points, or 0.09 per cent at 85,551 and Nifty dipped 15 points, or 0.05 per cent to 25,860.

The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 down 0.30 per cent and the Nifty Smallcap 100 dipped 0.34 per cent.

TCS, Asian Paints and NTPC were among the major gainers in the Nifty Pack, while losers included Hindalco, Shriram Finance, Tata Steel and ICICI Bank.

Indian equity markets ended higher on Thursday, with both the Sensex and Nifty moving closer to the record levels last seen in September 2024.

Strong buying in Financials and Oil & Gas stocks, along with positive global cues, boosted overall market sentiment.

The Sensex rose 0.52 per cent, or 446.21 points, to close at 85,632.68 after touching an intra-day high of 85,801.70.

Groww’s share price continued to fall for the second day in a row on Thursday as investors booked profits after the stock’s strong rally last week.

The shares slipped as much as 9 per cent during early trade, touching an intra-day low of Rs 154.10 on the National Stock Exchange (NSE).

This is a 9.29 per cent drop from the previous day’s close.

During early trade, the market value of Billionbrains Garage Ventures -- Groww’s parent company -- fell to Rs 97,431.70 crore, slipping below the Rs 1 lakh crore mark.

Foreign portfolio investors (FPIs) increased their holdings in Indian securities to a fourteen-month high in the first half of November, even as Foreign Institutional Investors (FIIs) continued to sell shares during the same period.

According to NSDL data, FPIs’ assets under custody rose to Rs 81.53 trillion in the first fifteen days of the month -- the highest level since September 2024.

Of this, Rs 74.28 trillion was invested in equities, while the remaining amount was placed in debt and hybrid instruments.

The rise in foreign exposure came at a time when Indian markets were gaining strength.

Gold prices traded slightly lower on the MCX on Thursday morning as a stronger US dollar and fresh signals from the US Federal Reserve weighed on investor sentiment.

Around 9:45 am, MCX Gold December futures were down 0.23 per cent at Rs 1,22,768 per 10 grams.

In contrast, silver prices moved up, with MCX Silver trading 0.39 per cent higher at Rs 1,55,717 per kg.

"Gold has support at Rs 1,22,200 and Rs 1,21,650 and resistance is at Rs 1,23,800 and Rs 1,24,400 while silver has support at Rs 1,54,000 and Rs 1,52,500 and resistance at Rs 1,56,600 and Rs 1,58,000," experts said.

Indian stock markets opened on a positive note on Thursday, supported by a rebound in global tech shares.

In early trade, the Sensex rose 161 points, or 0.19 per cent, to around 85,347. The Nifty also moved up 58 points, or 0.22 per cent, to 26,110.

Commenting on the Nifty technical outlook, experts said that immediate resistance is placed at 26,150, followed by 26,200, while the 25,900–25,950 zone is expected to act as a solid support region and a preferred accumulation area for positional participants.

The domestic equity indices settled sharply higher on Wednesday, recovering significantly from the early losses amid heavy buying in IT heavyweights and selected large-cap stocks.

Sensex ended the session at 85,186.47, up 513.45 points or 0.61 per cent. The 30-share index started the session in negative territory at 84,643.78 against last session's closing of 84,673.02. However, the index recovered over 700 points from early losses to hit an intraday high at 85,236.77 amid value buying in certain sectors.

Nifty closed at 26,052.65, up 142.60 points or 0.55 per cent.

Mortgage finance companies outside the banking sector are expected to see strong growth over the next two years, a new report said on Wednesday.

According to data compiled by Crisil Ratings, the assets under management (AUM) of non-bank mortgage lenders are set to rise by 18–19 per cent this fiscal and the next, matching the 18.5 per cent growth recorded last year.

However, the three key loan segments -- home loans, loans against property (LAP), and wholesale loans -- will grow at different speeds.

Leading global financial services firm Morgan Stanley expects the Reserve Bank of India (RBI) to reduce the repo rate by 25 basis points to 5.25 per cent at its monetary policy committee (MPC) meeting, scheduled for the first week of December.

The report said the broader policy stance is likely to stay prudent, with the central bank poised to become data-dependent once this step is taken.

Earnings of India Inc that have released quarterly results so far, grew around 14 per cent year‑on‑year in Q2 FY26, driven largely by oil and gas, technology, cement, capital goods and metals, a report said on Wednesday.

The report from brokerage firm Motilal Oswal Financial Services Limited said that market cap wise, mid‑caps led with 26 per cent while large‑caps posted 13 per cent growth, and small‑caps lagged, weighed down by private banks, non-lending NBFCs, technology, retail and media posting an earnings decline.

Indian stock markets opened flat with a slight negative trend on Wednesday as mixed global cues and a lack of major domestic triggers kept investor sentiment muted.

With the Q2 FY26 earnings season coming to an end, traders showed limited enthusiasm, leaving the indices stuck in a narrow range.

The Sensex slipped 81 points, or 0.10 per cent, to 84,592 in early trade. The Nifty also declined, dropping 34 points, or 0.13 per cent, to 25,877.