Market Performance - Equity benchmark indices Sensex and Nifty fell sharply by nearly 1 per cent, marking the fourth consecutive session of decline due to renewed concerns over potential US tariff hikes and widespread selling pressure in global markets [1][7] - The 30-share BSE Sensex dropped 780.18 points, or 0.92 per cent, closing at 84,180.96, with an intraday low of 84,110.10, down 851.04 points or 1 per cent [3] - The 50-share NSE Nifty tumbled 263.90 points, or 1.01 per cent, to settle at 25,876.85 [3] Sector Performance - Significant losses were observed in metal, oil & gas, and commodity stocks, exacerbated by ongoing foreign fund outflows [3] - Among the 30-Sensex firms, major laggards included Larsen & Toubro, Tech Mahindra, Tata Consultancy Services, Reliance Industries, Tata Steel, and Trent, while gainers included Eternal, ICICI Bank, Bajaj Finance, and Bharat Electronics [4] Geopolitical Factors - US President Donald Trump supported a sanctions bill that could impose 500 per cent tariffs on countries purchasing Russian oil, aiming to leverage pressure on nations like China and India to cease buying cheap oil from Moscow [6] - US Senator Lindsey Graham indicated that the legislation would provide the White House with "tremendous leverage" against countries such as China, India, and Brazil [6] Global Market Context - In Asian markets, South Korea's Kospi index increased, while Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng indices declined [8] - Brent crude, the global oil benchmark, rose by 0.75 per cent to $60.42 per barrel [8]

By Bharath Rajeswaran and Sai Ishwarbharath B Jan 8 (Reuters) - India's information technology firms are expected to report another muted quarter, as tepid demand in the U.S. and holiday-period client shutdowns continue to weigh on ​tech spending, nine brokerages said ahead of earnings. Brokerages expect the top six IT firms by revenue to post ‌about 4% year-on-year revenue growth and a 5% rise in profit for the December quarter on average, reflecting prolonged demand softness, compared with 6.5% revenue ...

Market Performance - Equity benchmark indices Sensex and Nifty declined in early trade on January 8, 2026, with Sensex down by 255.86 points to 84,705.28 and Nifty down by 65.9 points to 26,074.85 due to foreign fund outflows and concerns over potential U.S. tariff hikes [1] - Major laggards included Tata Consultancy Services, Asian Paints, Maruti, Tech Mahindra, Infosys, and UltraTech Cement [1] - Conversely, gainers included ICICI Bank, Adani Ports, Bharat Electronics, and Hindustan Unilever [2] Foreign Investment Trends - Foreign institutional investors sold equities worth ₹1,527.71 crore on January 7, 2026, while domestic institutional investors purchased stocks worth ₹2,889.32 crore [2] Economic Outlook - The Indian economy is projected to grow by 7.4% in FY26, maintaining its status as the fastest-growing major economy despite U.S. tariffs and geopolitical tensions [4] - This growth estimate surpasses the RBI's forecast of 7.3% and the government's initial projection of 6.3-6.8% [4] - However, the anticipated U.S.-India trade deal, crucial for India's sustained growth, is not forthcoming, which may hinder market performance despite strong economic fundamentals [3] Market Sentiment - Market sentiment remains cautious due to geopolitical tensions, tariff-related concerns, and ongoing foreign portfolio outflows, with both Nifty and Bank Nifty facing stiff overhead resistance [5] - U.S. markets ended mostly lower on January 7, 2026, reflecting broader market concerns [6]

Market Performance - The benchmark indices Sensex and Nifty declined for the third consecutive day due to geopolitical tensions and concerns over potential US tariff hikes [1][6] - The BSE Sensex fell by 102.20 points (0.12%) to close at 84,961.14, with an intraday drop of 445.85 points (0.52%) to 84,617.49 [3] - The NSE Nifty decreased by 37.95 points (0.14%) to settle at 26,140.75 [3] Sector Performance - Among the 30 firms in the Sensex, major laggards included Maruti, Power Grid, Tata Motors Passenger Vehicles, HDFC Bank, Asian Paints, and Tata Steel [4] - Conversely, Titan, HCL Tech, Tech Mahindra, Infosys, and Tata Consultancy Services were notable gainers [4] Investor Activity - Foreign institutional investors sold equities worth ₹107.63 crore on Tuesday, contributing to the market decline [6] - Domestic institutional investors, however, purchased stocks worth ₹1,749.35 crore, indicating a contrasting sentiment [7] Market Sentiment - The domestic market sentiment remains cautious with risk-off undertones ahead of Q3 FY26 earnings and key US jobs data [8] - Elevated geopolitical tensions and tariff-related concerns are limiting risk appetite among investors [6][8] Global Market Influence - In Asian markets, South Korea's Kospi and Shanghai's SSE Composite indices closed higher, while Japan's Nikkei 225 and Hong Kong's Hang Seng indices ended lower [8] - Brent crude oil prices decreased by 0.81% to $60.21 per barrel, which may impact related sectors [9]

Amazon's AI Initiatives - Amazon is leveraging generative and agentic AI to enhance online shopping by simplifying product discovery and evaluation, addressing the challenge of choice among hundreds of millions of items [1][3] - The company has introduced AI-driven search tools that interpret customer intent using various signals, aiming to expedite decision-making in complex product categories [3][4] - New conversational interfaces, such as the shopping assistant Rufus and the "Buy for Me" service, allow customers to delegate parts of their shopping journey, reflecting a strategy of embedding AI throughout the shopping experience [4][5] Google's Perspective on Agentic AI - Google Cloud emphasizes that retail is entering a new phase of agentic AI adoption, which mimics human decision-making by understanding context and reasoning [5][6] - The shift to agentic AI enhances discovery and personalization, impacting not only customers but also employees by augmenting their roles and allowing them to focus on human interactions [6][7] - Successful implementation of agentic AI relies on organizational readiness, including process redesign and workforce upskilling, rather than just technical capabilities [7] Global Trends in Retail AI - Tata Consultancy Services (TCS) argues that retail must transition from traditional AI to agentic AI to remain competitive, framing it as a structural redesign of operations [8][10] - TCS advocates for a model of smaller, specialized AI agents that autonomously manage tasks like pricing and inventory, rather than relying on large AI platforms [9][10] - The strategic advantage of agentic AI lies in its ability to manage complexity at scale, with use cases such as proactive cart recovery and real-time supply chain management [10][11]

Market Performance - The equity benchmark indices Sensex and Nifty experienced declines in early trade on January 5, 2026, with Sensex dropping 125.96 points to 85,636.05 and Nifty dipping 30.95 points to 26,297.60 [1] - Major blue-chip IT stocks such as HCL Tech, Infosys, Tech Mahindra, HDFC Bank, Tata Consultancy Services, and NTPC were among the biggest laggards [1] - Conversely, Bharat Electronics, Tata Steel, Axis Bank, and Reliance Industries were noted as gainers during the same period [1] Institutional Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹289.80 crore on January 2, 2026, while Domestic Institutional Investors (DIIs) bought stocks worth ₹677.38 crore [2] Geopolitical Context - The year 2026 has commenced with significant geopolitical developments, particularly U.S. actions in Venezuela, which may have far-reaching implications for global geopolitics, as noted by V.K. Vijayakumar, chief investment strategist at Geojit Investments Ltd [2] Asian Market Trends - In Asian markets, South Korea's Kospi, Japan's Nikkei 225, and Shanghai's SSE Composite indices were trading significantly higher, while Hong Kong's Hang Seng index was marginally lower [3] - U.S. markets concluded mostly in positive territory on the preceding Friday [3] Oil Prices - Brent crude, the global oil benchmark, saw a slight decrease of 0.08% to $60.70 per barrel [3] Previous Market Performance - On the preceding Friday, January 2, 2026, the Sensex increased by 573.41 points, or 0.67%, closing at 85,762.01, while the Nifty rose by 182 points, or 0.70%, to settle at 26,328.55 [3]

The On the 30-stock Sensex, losses were led by heavyweight technology and banking stocks. Shares of Infosys, Tech Mahindra, In contrast, broader markets showed resilience, with the small-cap index up 0.5% and mid-caps gaining 0.1%.State-owned lenders outperformed, rising 1.3%, driven by gains in Live EventsIT stocks, which derive a substantial portion of revenue from the U.S., declined about 1% amid lingering global uncertainty.Expert viewsThe year 2026 has begun with major geopolitical developments which ...

Market Performance - The Indian equity markets ended positively, with the BSE Sensex rising by 720.56 points, or 0.84%, over the week [2][4] - The combined market value of seven of the country's ten most-valued companies increased by Rs 1,23,724.19 crore [4] Top Gainers - Reliance Industries led the gains, with its market capitalisation increasing by Rs 45,266.12 crore to Rs 21,54,978.60 crore [2][4] - State Bank of India saw a rise of Rs 30,414.89 crore, reaching a valuation of Rs 9,22,461.77 crore [2][4] - Larsen & Toubro's market value increased by Rs 16,204.34 crore to Rs 5,72,640.56 crore [2][4] - Hindustan Unilever's valuation climbed by Rs 14,626.21 crore to Rs 5,51,637.04 crore [2][4] - HDFC Bank recorded an increase of Rs 13,538.43 crore, bringing its market capitalisation to Rs 15,40,303.87 crore [3][4] - ICICI Bank's valuation rose by Rs 3,103.99 crore to Rs 9,68,773.14 crore [3][4] - Bharti Airtel added Rs 570.21 crore, reaching Rs 12,01,262.53 crore [3][4] Decliners - Tata Consultancy Services (TCS) experienced a decline of Rs 10,745.72 crore, ending with a market value of Rs 11,75,914.62 crore [3][4] - Infosys lost Rs 6,183.25 crore, concluding the week at Rs 6,81,635.59 crore [3][4] - Bajaj Finance saw a drop of Rs 5,693.58 crore, with its valuation falling to Rs 6,16,430.43 crore [3][4] Company Rankings - At the end of the week, Reliance Industries remained the most valuable company in India, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro, and Hindustan Unilever [3][4]

Market Overview - The combined market capitalisation of seven of the top-10 most-valued firms increased by ₹1,23,724.19 crore last week, reflecting a positive trend in equities, with Reliance Industries experiencing the largest valuation increase [1] - The BSE benchmark rose by 720.56 points, or 0.84 percent [1] Gainers - Reliance Industries saw its market valuation rise by ₹45,266.12 crore, reaching ₹21,54,978.60 crore [2] - State Bank of India added ₹30,414.89 crore to its valuation, totaling ₹9,22,461.77 crore [2] - Larsen & Toubro's valuation increased by ₹16,204.34 crore to ₹5,72,640.56 crore [3] - Hindustan Unilever's market capitalisation climbed by ₹14,626.21 crore to ₹5,51,637.04 crore [3] - HDFC Bank's valuation edged up by ₹13,538.43 crore to ₹15,40,303.87 crore [3] - ICICI Bank advanced by ₹3,103.99 crore to ₹9,68,773.14 crore [3] - Bharti Airtel's market capitalisation rose by ₹570.21 crore to ₹12,01,262.53 crore [3] Decliners - Tata Consultancy Services (TCS) experienced a decline in market valuation by ₹10,745.72 crore, bringing it down to ₹11,75,914.62 crore [2][4] - Infosys saw a decrease of ₹6,183.25 crore in its valuation, now at ₹6,81,635.59 crore [4] - Bajaj Finance's market capitalisation dropped by ₹5,693.58 crore to ₹6,16,430.43 crore [4] Rankings - Reliance Industries remains the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro, and Hindustan Unilever [4]

China's carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country's electric vehicle (EV) advantage despite mounting trade barriers in the West. The Swiss bank said its forecast had remained unchanged from two years ago, even as Chinese carmakers accelerated factory construction in Europe and some global rivals scaled back electrification plans. "The main drag was due to Eu ...