The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade.

At around 9.25 am, Sensex was trading 409.4 points or 0.51 per cent up at 80,627.85 while the Nifty climbed 118.10 points or 0.49 per cent at 24,446.60.

Nifty Bank was up 492.90 points or 0.89 per cent at 55,925.70. The Nifty Midcap 100 index was trading at 54,931.15 after increasing 490.90 points or 0.43 per cent. Nifty Smallcap 100 index was at 16,860.05 after climbing 183.15 points or 1.10 per cent.

According to analysts, after a positive opening, Nifty can find support at 24,250. On the higher side, 24,500 can be an immediate resistance, followed by 24,600 and 24,700.

"The charts of Bank Nifty indicate that it may get support at 55,300 followed by 55,000 and 54,700. If the index advances further, 55,600 would be the initial key resistance, followed by 55,900 and 56,200," said Hardik Matalia from Choice Broking.

India's industrial growth, based on the Index of Industrial Production (IIP), edged up to 3 per cent in March this year after slowing to 2.9 per cent in February, according to data released by the Ministry of Statistics on Monday.

The data showed that the manufacturing sector, which provides quality jobs for the country’s young graduates passing out of the country’s universities and engineering institutes, recorded a 3 per cent growth in March compared to the same month last year.

The power sector output grew by a more robust 6.3 per cent growth during the month while the mining sector proved to be a laggard with a mere 0.4 per cent growth in March.

Within the manufacturing sector, 13 out of 23 industry groups have recorded a positive growth in March this year compared to the same month of the previous year. The top three positive contributors for the month are – "Manufacture of basic metals" (6.9 per cent), "Manufacture of motor vehicles, trailers and semi-trailers" (10.3 per cent) and "Manufacture of electrical equipment" (15.7 per cent), according to the official statement.

Even as tensions between India and Pakistan rise once again following the barbaric Pahalgam terror attack, Indian stock markets have showcased resilience every time the two neighbouring nations went into conflict.

While investors may have initially turned cautious, historical trends reveal that Indian markets have consistently overcome geopolitical challenges and emerged even stronger.

Whenever tensions flared along the Line of Control (LoC), the Indian stock markets saw brief declines but soon staged strong recoveries -- reflecting the underlying strength and confidence in India's economic growth.

Take the example of the Balakot airstrike. After the Pulwama terror attack, when the Indian Air Force carried out successful airstrikes on terror camps in Balakot on February 26, 2019, the Sensex fell by 239 points and the Nifty by 44 points.

India’s engineering goods exports recorded a growth of 6.74 per cent to scale an all-time high of $116.67 billion in for the financial year ended on March 31, 2025, according to figures compiled by the Engineering Export Promotion Council (EEPC).

The total value of engineering exports stood at $109.30 billion in 2023-24 while the earlier record level was $112.10 billion achieved in fiscal 2021-22.

While the US remained the number one destination for Indian engineering exports in FY25, significant export growth was noted in the UAE, Singapore, Nepal, Japan and France.

Engineering goods exports to the US grew 8.7 per cent to $19.15 billion in FY25 from $17.62 billion in FY24.

The share of engineering exports in India’s overall merchandise exports increased to 26.67 per cent in 2024-25 from 25.01 per cent in the previous fiscal year.

The micro-finance sector (MFI) in India is projected to grow by 12–15 per cent in FY26 under a conservative scenario, returning to FY24 levels, a report showed on Monday.

In a more favourable environment, particularly if rural incomes recover on the back of a normal monsoon, growth could be a tad better, said MP Financial Advisory Services LLP (MPFASL) in its report.

The MFI sector has consistently demonstrated resilience, having recovered from past disruptions such as demonetisation and the COVID-19 pandemic.

India’s microfinance sector has become a cornerstone of financial inclusion, enabling credit access for underserved populations, especially women, small farmers, and micro-entrepreneurs in rural and semi- urban areas.

With a robust CAGR of 28 per cent from FY14 to FY24, the sector now serves over 7.9 crore unique borrowers across 92 per cent of the country’s districts, demonstrating its deep and widespread outreach.

The Central Board of Direct Taxes (CBDT) has directed the field formations of the Income Tax Department to step up the drive against black money and tax evasion with a comprehensive time-bound strategy to bring unreported and under-reported businesses into the tax net.

The CBDT sees a potential of unearthing undisclosed income to the tune of a staggering Rs 2.4 lakh crore during the current financial year, according to a media report.

Each jurisdiction of the Income Tax Department has been asked to conduct at least one major search and seizure operation by July 31, and a minimum of two more between August and March 2026, the report stated.

The board has directed that 60 per cent of the total target be achieved through intrusive initiatives like searches and raids, while 40 per cent must come from non-intrusive investigations which involve data analysis and financial intelligence.

India has banned 16 Pakistani YouTube channels for spreading provocative and communally sensitive content, along with false and misleading narratives targeting India, its Army, and security agencies.

The decision was taken by the Government of India based on recommendations from the Ministry of Home Affairs following the tragic Pahalgam terror incident in Jammu and Kashmir.

The banned channels include Dawn News, Irshad Bhatti, SAMAA TV, ARY NEWS, BOL NEWS, Raftar, The Pakistan Reference, Geo News, Samaa Sports, GNN, Uzair Cricket, Umar Cheema Exclusive, Asma Shirazi, Muneeb Farooq, SUNO News HD, and Razi Naama.

These channels were found to be disseminating disinformation related to India's national security, foreign relations, and public order. Together, these YouTube channels had a cumulative viewership of over 6.3080 crore.

The Indian equity benchmark indices opened higher on Monday amid mixed global cues, as buying was seen in the PSU bank and financial service sectors in the early trade.

At around 9.30 am, Sensex was trading 400.7 points or 0.51 per cent up at 79,613.28 while the Nifty climbed 88.65 points or 0.37 per cent at 24,128.00.

Nifty Bank was up 347.85 points or 0.64 per cent at 55,011.90. The Nifty Midcap 100 index was trading at 53,801.00 after increasing 230.80 points or 0.43 per cent. Nifty Smallcap 100 index was at 16,518.65 after declining 28.55 points or 0.17 per cent.

According to analysts, markets were poised to open on a strong note, as indicated by GIFT Nifty trends, which show a gap-up of around 110 points for the Nifty. This positive setup came after a volatile session on Friday, where the Indian benchmark indices ended over 0.5 per cent lower.

The Indian stock markets extended their recovery for yet another week, registering nearly a one per cent gain amid a phase of consolidation.

After an initial surge, the benchmarks traded in a narrow range through the middle of the week, before witnessing profit-taking in the final session. Ultimately, the Nifty and Sensex ended at 24,039.35 and 79,212.53 respectively.

According to analysts, global market stability, driven by ongoing discussions between the United States and its trade partners on new trade agreements, helped ease concerns about the impact of tariffs on global commerce.

“This, coupled with renewed foreign institutional investor (FII) inflows, bolstered market sentiment. However, rising geopolitical tensions between India and Pakistan — following a terrorist attack in Jammu and Kashmir — sparked investor caution and led to some profit-booking,” said Ajit Mishra–SVP, Research, Religare Broking Ltd.

Sector-wise, the sharp rebound in the IT sector stood out as a key driver

To ensure continued passenger comfort, safety and regulatory compliance, the Director General of Civil Aviation (DGCA) on Saturday directed all airline operators to implement enhanced passenger handling measures with an immediate effect.

In the light of the recent international airspace closures and overflight restrictions, several flight routes have been significantly altered, leading to extended flight durations and the possibility of technical stops.

According to the DGCA advisory, passengers must be proactively informed about route changes, extended travel times, and any technical halts during their journey.

This communication should occur at check-in, boarding, and via digital alerts.

Foreign investors have made a notable return to Indian equity markets this month, emerging as net buyers over the past two weeks, analysts said on Saturday.

In just the last seven trading sessions, foreign portfolio investors (FPIs) have turned decisively positive on Indian equities. This shift is largely attributed to a weakening US dollar, revisit of tariff agreements and a renewed sense of optimism surrounding India’s economic trajectory.

“Amid a challenging global backdrop, marked by sluggish growth in major economies like the United States and China, India continues to stand out higher for its economic resilience,” said Manoj Purohit, Partner and Leader, FS Tax, Tax and Regulatory Services, BDO India.

India is forecast to grow at a robust rate of over 6 per cent in FY26 and remains the only fastest-growing economy, making it a compelling destination for global investors.

India’s foreign exchange reserves have risen to the highest-level since November last year to $686.14 billion, which shows a resilient economy amid global uncertainties.

According to data from the Reserve Bank of India (RBI), the country's forex kitty swelled by $8.31 billion for the period ended April 18, over the previous reporting week, which is the seventh consecutive advance.

The reserves had added $1.57 billion in the week ended April 11.

Forex reserves have steadily recovered after a steep fall from their peak of $700 billion at the end of September. The overall forex kitty witnessed an all-time high of $704.885 billion in September 2024.

The government on Saturday said that 625 UDAN routes have been operationalised, connecting 90 airports (including 2 water aerodromes, and 15 heliports) across India, and over 1.49 crore passengers have benefited from affordable regional air travel under UDAN.

The UDAN scheme was launched on October 21, 2016 and the first UDAN flight was operated between Shimla and Delhi on April 27, 2017.

India’s airport network has expanded from 74 airports in 2014 to 159 airports in 2024, more than doubling in a decade.

More than 4,023 crore has been disbursed as Viability Gap Funding (VGF) to promote connectivity to underserved and remote regions, said the Ministry of Civil Aviation.

The benchmark equity indices saw intense selling pressure on Friday amid escalating tensions between India and Pakistan, following the barbaric terror attack in Jammu and Kashmir’s Pahalgam.

Sensex started the day on a positive note, reaching an early high of 80,131. However, the market quickly turned negative, dropping sharply to a low of 78,606, a loss of 1,525 points, as reports emerged of a ceasefire violation at the India-Pakistan border.

The index managed to recover some of the losses but still ended the day 589 points lower, closing at 79,213 -- a decline of 0.7 per cent.

Similarly, the Nifty index rose to a high of 24,365 before plunging to its intra-day low of 23,848, a drop of 517 points. The Nifty ended 207 points lower, settling at 24,039, a decrease of 0.9 per cent.

India’s equity market has shown its resilience despite global uncertainties, and is well-positioned in a world reshaped by trade and tariffs, a report said on Friday.

The BSE 500 recorded a 6.25 per cent gain in March — its best monthly performance in 15 months, indicating that much of the market excess has likely been corrected.

India’s macro fundamentals are notably resilient. GDP growth is projected at 6.5 per cent in FY25, supported by strong domestic consumption, capex, and manufacturing upcycle, according to the report by PL Asset Management, the asset management arm of PL Capital Group (Prabhudas Lilladher).

The March Manufacturing PMI rose to 58.1 — an eight-month high — while industrial output expanded 5 per cent YoY in January.

The re-emergence of US-China trade tensions in April 2025 has impacted global indices, echoing the market behaviour last seen during the 2018 trade war.

Indian stock market saw a sharp decline on Friday within hours of opening of trade, as uncertainty over geopolitical tensions continues to spook the investors.

Domestic benchmark indices opened flat to positive in morning trade but turned red during intra-day trade. Sensex and Nifty fell by more than 1 per cent as uncertainty over India-Pakistan relations affected investors' sentiment.

At around 11:55 am, Sensex was trading 1,132.1 points or 1.42 per cent down at 78,669.26 while the Nifty declined 374.40 points or 1.54 per cent at 23,872.30.

Among the 30-share Sensex pack, Only Infosys, TCS, IndusInd Bank and Tech Mahindra were the top gainers. Axis Bank, Bajaj Finserv, PowerGrid, Bajaj Finance and Eternal were the top losers.

Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, on Friday highlighted that in the last 10 years, the number of CNG stations providing green fuel for vehicles in the country has surged more than 20 times, while the number of households using piped cooking gas has recorded a 5-fold increase and LPG connections more than doubled.

This reflects not only an improvement in the lifestyle of the people but also an acceleration in the journey of 'Healthy India with Clean Fuel'.

“Under the guidance of Prime Minister Narendra Modi, in the last 10 years, CNG stations have increased by 2,300 per cent, PNG connections have increased by 467 per cent, LPG connections have increased by 128 per cent,” the minister posted on X.

India’s passenger vehicle (PV) industry is set to scale a fresh high this fiscal with domestic and export volume cumulatively crossing 5 million units even as the annual growth rate slows to 2-4 per cent, a report showed on Friday.

A Crisil Ratings report said that this marks the fourth consecutive year of record sales, although momentum has significantly eased from the 25 per cent surge in fiscal 2023 after the pandemic.

According to the report, utility vehicles (UVs) will drive volume growth this fiscal, aided by new launches, easing interest rates, rising compressed natural gas (CNG) adoption and rural tailwinds.

“PV growth will moderate to 2-4 per cent this fiscal, but UVs will continue to cruise with 10 per cent growth, supported by new launches. With UVs contributing 68-70 per cent of volumes and bulk of upcoming models, the shift toward premiumisation is structural,” said Anuj Sethi, Senior Director, Crisil Ratings.

The households in India remain well positioned to support 6.5 per cent growth over the next 3-5 years, a Morgan Stanley report said on Friday.

Current household debt level in India is manageable and household debt (core) remains at levels lower than other economies, the report emphasised, adding that even as it rises, it expects the trend to be manageable driven by income growth.

The recent rise in retail loans has led to concerns on rising indebtedness at the household level. This has led to the narrative of higher household leverage, lower net financial saving, and patchy income growth, increasing distress in the household balance sheet.

The three-day ‘India Steel 2025’ has brought together various stakeholders to discuss the potential, challenges and opportunities in the Indian steel sector and the road-map to capitalise the international market, the Ministry of Steel said on Friday.

The inaugural session was addressed by Prime Minister Narendra Modi on Thursday through a video message, where he emphasised India’s strategic vision to enhance domestic steel production, reduce carbon emissions, and promote 'Make in India'.

During the day, several important sessions were organised, according to the ministry.

At the session on ‘Viksit Bharat: Role of Steel Sector in Indian Economy’, a high-level panel comprising senior policymakers, economists, and industry leaders delved into the critical role of steel in realising India’s $5 trillion economy vision.

The Indian equity benchmark indices opened higher on Friday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade.

At around 9.27 am, Sensex was trading 265.3 points or 0.33 per cent up at 80,066.81 while the Nifty added 89.85 points or 0.37 per cent at 24,336.55.

Nifty Bank was down 222.85 points or 0.40 per cent at 54,978.55. The Nifty Midcap 100 index was trading at 54,980.80 after increasing 10.95 points or 0.02 per cent. Nifty Smallcap 100 index was at 16,903.30 after declining 60.20 points or 0.35 per cent.

According to market watchers, "after a positive opening, Nifty can find support at 24,200 followed by 24,100 and 24,000. On the higher side, 24,500 can be an immediate resistance, followed by 24,600 and 24,700.

Leading cement and building materials company ACC Limited on Thursday reported highest-ever annual profit after tax (PAT) at Rs 2,402 crore in FY25, up by 3 per cent.

ACC, part of the diversified Adani Portfolio, also clocked highest-ever revenue in a quarter at Rs 6,067 crore (Q4 FY25), driven by higher trade sales volume and premium product as percentage point (pp) of trade sales at 41 per cent (up by 7 pp YoY), thus ensuring market leadership.

On an annual basis, the company reported highest-ever volume which was up by 14 per cent at 42.2 million tonnes.

“As we conclude this financial year, ACC stands stronger, more agile and future-ready. This year has been marked by strategic milestone that reinforce our position as a leader in the Indian cement industry,” said Vinod Bahety, Whole Time Director and CEO, ACC.

The Indian stock market ended lower on Thursday, as investors booked profits after a strong seven-day bull rally.

Sentiments were also hit by the Pahalgam terror attack, along with the expiry of the April derivatives contracts on the National Stock Exchange (NSE).

The Sensex opened slightly lower at 80,058 and briefly touched a high of 80,174 in early trade. However, selling pressure dragged the index down through the day.

It fell to an intra-day low of 79,725 before settling at 79,801, down 315 points. With this, the Sensex snapped its seven-day winning streak, during which it had jumped 6,269 points.

The Nifty also saw a similar trend. It traded within a narrow range of 131 points, moving between a high of 24,348 and a low of 24,216.

Mid-sized Global Capability Centers (GCCs) are experiencing unprecedented growth in India, outpacing the overall GCC market with a 6.2 per cent compound annual growth rate (CAGR) compared to the market average of 4.5 per cent, according to a report released on Thursday.

According to the Inductus GCC survey, India will see over 120 new mid-market GCCs by 2026 with the potential of creating 40,000 new jobs, building on the existing base of over 800 centres currently, employing 220,000 professionals.

The mid-market GCC segment in the country is projected to see a 15-20 per cent revenue increase between 2024-2026, reflecting the strong confidence global companies are placing in these operations.

The report states that these mid-size operations employing between 200-1,000 professionals are rapidly becoming the strategic preference for global companies seeking specialized expertise and operational flexibility.

The official X handle of the Government of Pakistan has been withheld by India following the dastardly terror attack in Jammu and Kashmir's Pahalgam, which killed 26 people and injured several others.

Earlier, in a strong diplomatic offensive following the brutal attack, India summoned Pakistan's top diplomat in New Delhi, Saad Ahmad Warraich, and handed over a formal Persona Non Grata note for all its military attaches, sources said.

These moves come after 26 people were killed and many others injured in the deadly assault that Prime Minister Narendra Modi has termed a "cowardly attack on innocent civilians."

The attack, believed to be orchestrated by Pakistan-based terror outfit The Resistance Front, has triggered a series of sweeping retaliatory actions from India.

The domestic benchmark indices opened lower on Thursday amid mixed global cues, as selling was seen in the auto, metal and realty sectors in the early trade.

At around 9.30 am, Sensex was trading 221.03 points or 0.28 per cent down at 79,895.46 while the Nifty declined 75.55 points or 0.31 per cent at 24,253.40.

Nifty Bank was down 152.60 points or 0.28 per cent at 55,217.45. The Nifty Midcap 100 index was trading at 55,004.40 after declining 36.70 points or 0.07 per cent. Nifty Smallcap 100 index was at 16,980.60 after climbing 10.85 points or 0.06 per cent.

According to market watchers, "Nifty extended its winning streak for the seventh day on April 23, closing strong, though today's session may see heightened volatility as traders roll over April F&O positions."

Despite global uncertainties and downward revisions in growth forecasts for other large economies, India is set to maintain its leadership in global economic growth, the government said on Wednesday.

Supported by strong fundamentals and strategic government initiatives, the country is well-positioned to navigate the challenges ahead.

"With reforms in infrastructure, innovation, and financial inclusion, India continues to enhance its role as a key driver of global economic activity," said the Ministry of Finance.

India is poised to lead the global economy once again, with the International Monetary Fund (IMF) projecting it to remain the fastest-growing major economy over the next two years.

The Centre has fast-tracked 17 mega projects being carried out with an investment of Rs 14,096 crore across the states of Uttar Pradesh, Haryana, Punjab, and Uttarakhand.

A high-level meeting headed by Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Bhatia, took stock of as many as 19 issues related to the these projects with a focus on fast-tracking resolution of implementation challenges through enhanced inter-ministerial and inter-state coordination, according to an official statement issued on Wednesday.

The review meeting, conducted under the aegis of the Project Monitoring Group (PMG), was attended by senior officials from Central ministries, state governments, and project proponents.

The Secondary Market Advisory Committee of the Securities and Exchange Board of India (SEBI) is likely to meet on May 7 to review the recent changes made to the futures and options segment.

According to a report, the committee is likely to discuss whether the curbs introduced in the past few months have had the desired effect on market activity.

While the full agenda of the meeting is not yet public, the report said that some of the goals of the new rules have already started showing results.

Therefore, they believe that SEBI is unlikely to introduce any further curbs or strict regulations in the futures and options space for now.

One of the key proposals that SEBI had made on February 25 was to change the way open interest (OI) is calculated in the equity derivatives market.

India’s office real estate market maintained its upward trajectory in Q1, driven by robust leasing and tight new supply, pushing overall vacancy down for the seventh consecutive quarter to 15.7 per cent — a cumulatively steep drop of 275 basis points (bps) from 18.45 per cent in Q2 2023, a report showed on Wednesday.

Supply constraints and strong occupier demand in the first quarter of the year across India’s top eight office markets have resulted in a drop-in vacancy rate by 55 basis points (bps) to 15.7 per cent from 16.25 per cent in Q4 2024, according to Cushman & Wakefield’s latest Q1 2025 Office Market Report.

The total new office completions in Q1 2025 stood at 10.7 million square feet (MSF).

Bengaluru (3.28 MSF), Pune (3.21 MSF), and Delhi-NCR (2.71 MSF) contributed a combined 86 per cent (9.2 MSF) of this new supply.

Hyderabad saw a supply of 1.32 MSF, while Mumbai registered supply of 0.18 MSF. Cities like Chennai, Kolkata and Ahmedabad recorded no new supply, resulting in lower vacancy rates and higher rentals in these markets.

Union Home Minister Amit Shah, Jammu and Kashmir (J&K) Chief Minister Omar Abdullah and Lieutenant Governor Manoj Sinha arrived at Srinagar Police Control Room on Wednesday to pay tributes to the tourists killed in the Pahalgam terror attack in which 16 people were killed.

The bodies of the tourists killed in Tuesday’s terror attack were brought to the Police Control Room in Srinagar on Wednesday morning.

After paying tributes to the slain tourists, the Home Minister is scheduled to visit GMC Anantnag to meet those injured in the attack.

He is also likely to conduct an aerial survey of the attack site in Baisaran, Pahalgam, where 16 lives were tragically lost.

Industrial and warehousing demand across the top eight cities in India remained robust at 9 million square feet (sq ft) in Q1 2025 with 15 per cent annual growth, a report showed on Wednesday.

Delhi-NCR and Chennai led the demand, cumulatively accounting for around 57 per cent of the overall leasing in Q1. The demand for Grade A industrial & warehousing space was particularly impressive in Delhi-NCR, according to a Colliers report.

Across the top eight cities, engineering sector drove demand this quarter, contributing to about 25 per cent of the overall industrial and warehousing space uptake, followed by e-commerce with 21 per cent share.

The domestic benchmark indices opened in green on Wednesday amid positive global cues, as buying was seen in the IT and auto sectors in the early trade.

At around 9.32 am, Sensex was trading 536.4 points or 0.67 per cent up at 80,132.01 while the Nifty added 150.10 points or 0.62 per cent at 24,317.35.

Nifty Bank was up 187.10 points or 0.34 per cent at 55,834.30. The Nifty Midcap 100 index was trading at 54,756.85 after adding 359.70 points or 0.66 per cent. Nifty Smallcap 100 index was at 17,013.20 after climbing 109.55 points or 0.71 per cent.

According to market watchers, despite speculation surrounding US President Donald Trump's influence on Federal Reserve policies, Nifty's technical outlook remains robust above its 200-DMA at 24,051.

The National Pension System (NPS) has achieved significant growth of private sector subscriber enrolment of over 12 lakh during 2024-25, taking total subscriber number to over 165 lakh by March 2025, according to the government.

NPS Vatsalya , a scheme specifically designed for minors, introduced in September 2024 has registered over one lakh subscribers, according to a Ministry of Finance statement.

The assets under management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025.

NPS has emerged as a cornerstone of India's pension sector with an accumulated corpus of Rs 14.4 lakh crore and 8.4 crore subscribers under NPS and the Atal Pension Yojana (APY), PFRDA chairman Deepak Mohanty said earlier this month.

Finance Minister Niramala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the "visionary leadership" of Prime Minister Narendra Modi and the stability provided by a continuing government.

Addressing the Indian diaspora in the US, the Finance Minister said, “When we say that India is the fastest-growing economy and when the IMF and World Bank recognise that India can be the engine driving global trade, what they are recognising is the immense potential that exists in India.”

Highlighting the steps to strengthen the Indian economy, Sitharaman said, "During the Covid-19 pandemic, our fiscal deficit went up. But in 2021, we came up with a clear signal as to how we wanted to manage our fiscal deficit. We set year-on-year targets and committed to bringing the fiscal deficit below 4.5 per cent by 2026. And that's what we have been following each year without fail."