Centre Clears ₹7,700 Cr Electronics Investments
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🗞️ Markets Rally: Nifty reclaims 26,000
Nifty 50 jumped past the 26,000 mark, gaining for the sixth consecutive session. Optimism in IT, banking, and infrastructure stocks pushed indices higher, with bulls eyeing fresh record highs.
💬 Expert Take — “The market’s resilience shows sustained liquidity and FII confidence. A short-term pause may occur, but the trend remains upward.”
🗞️ IPO Action: Two issues open, seven listings this week
IPO activity remains strong with two new issues opening for subscription this week, and seven listings, including PhysicsWallah and Capillary Technologies. Analysts say the momentum indicates strong retail and institutional appetite.
🗞️ Centre clears ₹7,700 crore investment under electronics scheme
The government has approved 17 firms under the electronics manufacturing scheme, with a combined investment commitment of ₹7,700 crore. The move aims to strengthen India’s domestic electronics ecosystem and boost exports.
🗞️ India’s trade deficit widens to $41.68 billion
According to official data, India’s trade deficit rose to $41.68 billion in October, primarily due to higher imports of crude oil and gold. Exports slowed marginally amid global demand weakness.
🗞️ New income tax law from April 1
The CBDT Chief confirmed that the new Income Tax Act and simplified ITR forms will take effect from April 1, 2026, with a focus on ease of compliance and digital processing.
💬 Expert Take — “Simplifying tax forms will enhance voluntary compliance and transparency, aligning with India’s digitization goals.”
🗞️ Capillary Technologies GMP loses steam
The Capillary Technologies IPO has seen its grey market premium dip, reflecting investor caution after a subdued subscription response. Analysts are now focusing on listing-day performance for cues.
🗞️ Indian oil firms secure first-ever US LPG import deal
Indian oil companies have signed their first US LPG import agreement, marking a major diversification move for energy sourcing. The deal is expected to enhance India’s energy security amid volatile global supply chains.
🗞️ Titan Intech to invest ₹250 crore in Andhra Pradesh
Titan Intech signed an MoU to invest ₹250 crore in Andhra Pradesh, focusing on renewable and industrial technology manufacturing facilities.
📊 Market Update
📈 Sensex: 84,950.95 ▲ 388.17 pts (+0.46%)
📈 Nifty 50: 26,013.45 ▲ 103.40 pts (+0.40%)
💱 USD/INR: 88.22
🪙 Gold (per gram): 24K ₹12,540 ▲ ₹32 | 22K ₹11,495 ▲ ₹30
🥈 Silver (per kg): ₹1,67,000 ▼ ₹2,000