Other key items on the agenda included simplifying compliance for foreign portfolio investors (FPIs), relaxing the regulation for accredited investors in certain alternative investment funds (AIFs), expanding the scope of rating agencies activities, and granting equity status to REITs and InvITs, they added.

China stocks closed up on Thursday, hovering near its highest level in more than three years, as investors remained bullish on AI plays despite concerns over potential U.S. restrictions on Chinese innovative drugs.

Speaking to ET Now, Matt Orton said the numbers highlight a shift in risks. “I think the inflation data to come in is showing that perhaps the balance of risks is shifting a little bit more towards unemployment than on the inflationary front.

Jefferies has refreshed its equity strategy, adding 8 new stocks to its list of 25 top buy ideas from a universe of 223. The brokerage’s picks span sectors including banks, petrochemicals, IT, pharma, and real estate. Key names include Reliance Industries, Coforge, Adani Ports, HAL, HDFC Bank, ICICI Bank, and Bharti Airtel.

European stocks saw a slight increase. Investors are waiting for the European Central Bank s policy decision. They also await the U.S. inflation data. Defence stocks are up due to geopolitical tensions. The ECB is expected to maintain current interest rates. France s equities face a downgrade. Kering delays Valentino purchase. Covestro rose after ADNOC addresses EU concerns.

Indian markets remain resilient despite global uncertainty, with Vinit Sambre highlighting emerging profit pools in semiconductors, energy transition, and healthcare. He sees these sectors as sustainable growth drivers, even amid high valuations and potential short-term volatility.

The rupee’s breach of 88 is sentiment-driven, not fundamental, says YES Securities. Strong FX reserves, low CAD, robust services exports, and RBI support are likely to stabilise INR in the 86.5–88 range unless tariffs or geopolitical tensions escalate further.

Indian markets are seeing sector rotations as investors weigh optimism from GST cuts and reforms against profit-taking. While autos and consumer stocks have surged 20–30%, near-term volatility is expected, though structural growth prospects remain positive.

Indian markets consolidated near the 25,000 mark as Nifty stayed range-bound. Rajesh Palviya highlighted strong call writing at 25,000, with breakouts likely to trigger rallies. Bank Nifty’s hurdle remains at 54,800, while HAL and CG Power show bullish setups.

Indian stocks closed higher on Thursday, marking the Nifty 50 s seventh consecutive winning session. Optimism stemmed from U.S. President Trump s intention to discuss trade frictions with Prime Minister Modi, overshadowing profit-taking in IT shares. Recent GST cuts further boosted market sentiment, contributing to the positive close for both the Sensex and Nifty 50.