Market News

The Indian gems and jewellery sector, which has been under heavy pressure since August 2025, expects a revival after US tariffs on Indian imports drop to 18%. The U.S.A has been the biggest market for Indian players in this industry.

India and the US have outlined a bilateral trade deal that cuts tariffs and boosts industrial exports while excluding sensitive farm and dairy products. The pact balances market access with farmer protection, lifts investor sentiment, and promises trade gains, though final outcomes hinge on the details of the tariff schedules and their implementation

Indian equity markets ended nearly flat on 4 February 2026 as a sharp selloff in IT stocks erased gains in other sectors.

Indian markets recovered part of Sunday’s Budget-day losses on Monday as buying in heavyweights and a firmer rupee helped stabilise sentiment. Sensex Jumps 943 Pts, Nifty at 25,088.

GAIL plans to add 85 CNG stations over the next two years, signalling continued expansion even as December-quarter profit came under pressure.

UBL Ltd reported Q3 profit falling 43% to ₹490 crore due to a high base in the prior year. The earnings decline reflects weaker margins and industry challenges, leading to a notable drop in net profit for the quarter.

The government is considering a stake sale in LIC through a Follow-on Public Offer (FPO) in the next financial year to raise funds and enhance stock liquidity. This move follows earlier divestment steps and aims to broaden public ownership while supporting fiscal goals.

Power Grid's share price increased by 7% after the PSU increased its FY26 capex guidance to ₹32,000 crore. The market responded to the optimism surrounding greater growth potential, stronger execution visibility, and an attainable borrowing plan, reflecting market expectations of rapid additions to the company’s assets and medium-term growth in earnings.

Bajaj Housing Finance reported a 21% YoY rise in Q3 profit to ₹665 crore, driven by a 15% increase in net interest income and strong loan growth. The results show better asset quality together with high profit margins, which help the housing finance company to maintain its earnings growth.

US President Donald Trump has announced Project Vault. It is a $12 billion plan to create a strategic stockpile of critical minerals, backed by a $10 billion EXIM Bank loan and $2 billion in private funding.

The US has reduced tariffs on Indian goods from 25 per cent to 18 per cent, a move announced by President Donald Trump and welcomed by Prime Minister Narendra Modi.

Ather Energy achieved its best Q3 due to festive season demand with record delivery numbers. The company achieved better financial results through increased operational volume, enhanced profit margins, and reduced operational expenses, but the ongoing market competition together with its need for funding made it uncertain whether this progress would become a permanent business recovery.