Shakti Pumps’ shares surged after farmers in Maharashtra fully booked the second tranche of solar pumps under the state’s subsidy scheme. With orders for 22,451 pumps worth ₹616.30 crore across two tranches, the company is well-positioned to deliver, backed by its strong presence and track record.

Infosys and other Indian IT shares fell on Monday as investors booked profits after last week’s 4.3% sector rally, spurred by Infosys’ record Rs 18,000 crore buyback. Rising caution ahead of the US Federal Reserve’s policy meeting also weighed on sentiment. The Nifty IT index declined 1%, with Infosys slipping 1.6% to Rs 1,501.40.

Tega Industries, a Kolkata-based company, acquired Molycop in a significant deal. This buyout marks a major move by an Indian enterprise. Led by Mehul Mohanka, Tega partnered with Apollo Global Management for the acquisition. The deal aims to create a comprehensive offering for the mining industry. The combined entity will leverage technology to optimize mining operations.

SBI and a group of private banks are poised to receive a tax exemption on ₹13,483 crore income from selling their stake in Yes Bank to SMBC. The Yes Bank Reconstruction Scheme, 2020, exempts banks from capital gains tax on profits from the share sale. This deal marks Japan s largest bank s entry into India.

Indian banks are strategically leveraging the festive season and recent tax cuts to revitalize loan growth, particularly in high-margin retail sectors. HDFC Bank, ICICI Bank, Axis Bank, SBI, and BoB are rolling out festive offers and discounts to capitalize on increased consumer spending.

Despite benign inflation and room for monetary easing, economists anticipate the RBI to maintain rates at its October meeting. While recent GST cuts and a strong Q1 GDP offer a consumption boost, the impact of tariffs and potential food price increases due to crop damage create uncertainty.

Infosys has announced a mega share buyback. This has brought cheer to the stock market. New tax rules apply to this buyback. Individual shareholders now pay tax on the entire buyback amount. This is treated as dividend income. TDS applies. Investors can record capital loss. This can be set off against capital gains.

The International Finance Corporation (IFC) intends to double its annual investments in India to $10 billion by 2030, emphasizing urbanization, green energy, and MSMEs. IFC s commitment of $5.4 billion in FY25 signals its dedication to India s resilient private sector. The World Bank projects a modest global expansion of 2.3% in 2025.

Nifty 50 is set to climb towards 25,500. Market breadth is improving. Analysts suggest buying on dips, with support at 24,700. BFSI, auto, consumption, and metals sectors are likely to outperform. IT and infrastructure sectors present bargain-buying chances. Stocks like SBI, Axis Bank, TCS, and Maruti could see gains. Railtel and Persistent Systems also look promising for investors.

Gold s returns have surpassed Indian stocks due to central bank demand and inflation hedging. Over the past year, gold yielded 50.1% against Sensex s 1.2% decline. Central banks are buying gold amid tariff wars. Experts suggest allocating 10-15% of portfolios to gold. However, some analysts believe equities may now offer better value.