The appointment gives President Trump’s top economic adviser one of 12 interest-rate votes, expanding the president’s influence over the central bank.

Indian fund managers are investing in IT stocks despite market concerns. Mutual funds increased IT sector allocation amidst a downturn. Infosys is a top pick, attracting significant investment. The sector s decline has led to attractive dividend yields. Experts see potential for improvement in the IT sector. However, AI poses a significant threat to revenue.

Gold s soaring prices are reshaping the Indian stock market, benefiting gold-loan financiers like Manappuram and Muthoot Finance, which are seeing increased collateral value and loan disbursals. Conversely, jewellery companies such as Titan and Kalyan Jewellers face reduced demand as consumers shift to more affordable options.

Sigachi Industries has experienced a significant rally, increasing its market value by Rs 474 crore in five sessions, driven by high volumes and surpassing its 200 DEMA. While technical indicators suggest overbought conditions and caution is advised due to past volatility, optimism surrounding a potential US-India trade deal and a dividend announcement have fueled investor interest.

Indian equities are set for a favourable phase, though with moderate returns. Nikhil Ranka suggests a 10% return outlook and sees Nifty reaching 26,000 in 10–12 months, urging investors to deploy capital with a medium-term view.

Urban Company, Shringar House of Mangalsutra, and Dev Accelerator are set to debut on the bourses after attracting significant investor interest. Urban Company is expected to deliver the strongest listing pop, driven by high GMP and strong subscription numbers. Shringar could offer modest gains, while Dev Accelerator may see a subdued listing despite robust oversubscription.

Infosys announces a massive share buyback. This move raises questions about prioritizing short-term gains over long-term innovation. Experts are divided on whether this is the best use of the company s cash reserves. Some argue for increased investment in AI and research. Others say the buyback benefits shareholders.

Suzlon Energy shares rose nearly 2% after securing its largest FY26 order — an 838 MW wind project from Tata Power Renewable Energy. The deal spans Karnataka, Maharashtra, and Tamil Nadu, boosting Suzlon’s order book and reinforcing its role in India’s clean energy transition.

Shanghai copper futures surged to a five-month high. This rise was fueled by optimism surrounding US-China trade talks. A framework agreement on TikTok boosted hopes for a broader trade deal. Expectations of a US Federal Reserve rate cut further supported prices. However, London Metal Exchange copper saw a slight dip due to profit-taking.

Indian government bond yields are expected to remain stable ahead of state debt supply and the U.S. Federal Reserve s interest rate decision. The 10-year benchmark yield is projected to fluctuate between 6.48% and 6.52%. States plan to raise 184 billion rupees through bond sales. Market anticipates a 25-basis-point rate cut from the Fed, closely monitoring forward guidance for future cuts.