India imposes three-year safeguard duty of up to 12% on steel imports
Imports from China, Vietnam and Nepal will attract the duty, while certain developing countries and specialty steel products such as stainless steel are exempt. | Photo Credit: India has imposed a three-year import tariff of between 11% and 12% on some steel products, according to a finance ministry order published on Tuesday, as the government […]
Sensex down 133 points, Nifty slips below 25,900 amid FII selling and thin liquidity
Sectoral performance was mixed in noon trade, as Nifty Bank posted marginal gains. Key gainers included Shriram Finance and Hindalco, while Max Healthcare and Eicher Motors led losses. | Photo Credit: iStockphoto Benchmark indices extended losses in afternoon trade on Tuesday, with the BSE Sensex down 132.83 points or 0.16 per cent to 84,562.71 and […]
After toping $80/oz, silver drops below $75 as new CME norms come into force
Silver prices topped $80 an ounce on Monday, but then dropped below $75 an ounce as the US-based CME group’s new regulations were set to come into force later in the day. In India, silver future contracts on MCX topped ₹2.5 lakh a kg but then fell in line with the global cues. Reacting to […]
Markets may open flat to negative as Gift Nifty signals cautious start
Volatility is expected to remain high ahead of the monthly F&O expiry on Tuesday, particularly in mid- and small-cap stocks. | Photo Credit: Indian markets are likely to open slightly negative on Monday. Those who are expecting a Santa Claus rally may be disappointed, as Gift Nifty signals a flat-to-negative opening. With Tuesday being the […]
Macro data announcements, trading activity of foreign investors to drive markets this week: Analysts
A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors’ sentiment in the stock market this week, analysts said. Besides, auto sales data will be closely tracked, experts noted. With only a handful of trading sessions left this year, Indian equity markets are expected to remain largely range-bound, […]
FPIs record worst-ever outflow of ₹94,976 crore in 2025 amid Rupee woes, tariff uncertainty
Foreign portfolio investors (FPIs) have pulled out a net ₹94,976 crore from Indian markets in the current calendar year up to December 26, marking a dramatic reversal from the net inflow of ₹1,65,769 crore recorded in 2024, as uncertainty around the US-India tariff deal, rupee depreciation and elevated valuations dampened investor sentiment. The equity segment […]
Indian Rupee weakness to continue through 2026: Report
The Indian rupee is expected to show more weakness going ahead into 2026, according to a report by MUFG, a global financial group. In a report earlier this month, it forecast more weakness for the Indian rupee. It expects the Indian rupee to appreciate modestly above the 90 level in 2026, targeting 90. 80 by […]
Global steel production down 4.6% in Nov 2025
The output of China—the largest steel producer—was down 10.9 per cent | Photo Credit: REUTERS Global crude steel production decreased by 4.6 per cent in November 2025 to 140.1 million tonnes (mt) compared with November 2024. According to the World Steel Association, the output of China — the largest steel producer — was down 10.9 […]
Entities allowed to use CoalSETU supplies for industrial use, exports
Coal supplies procured through the CoalSETU window can be utilised by an entity for its own consumption (industrial use), exports and washing. However, the commodity cannot be resold within the country. In a significant development on December 12, the Cabinet Committee on Economic Affairs (CCEA) approved the Policy for Auction of Coal Linkage for Seamless, […]
Smallcap, midcap stocks struggle behind blue-chip peer Sensex this year; outlook cautiously optimistic
Smaller stocks lagged behind their bigger blue-chip peer Sensex this year as elevated valuations triggered profit-booking after a strong rally in the last two years. Analysts attributed the underperformance of smallcap and midcap indices in 2025 due to market normalisation after their exceptional outperformance in 2023 and 2024. Depreciation of the rupee, concerns over the […]
