Indian Metal & Energy Industry News & Updates - Economy
Sensex, Nifty pare gains to end marginally lower, Adani Enterprises, Hindalco lead gainers
Mumbai: Benchmark indices ended marginally lower on Thursday after a volatile session, as profit-booking at higher levels and lingering uncertainty around US–Iran talks weighed on sentiment.
Rupee ends higher on Iran-US ceasefire hopes, FPI inflows support sentiment
Sensex, Nifty surge 1%: Why experts see 24,600 as the next stop after 8% VIX tumble
The markets were stuck in a very tight range after a gap-up start. The Sensex opened 1,200 points higher and ended up pretty much around the same levels. The script is no different for Nifty’s intra-day action either. However, what really caught attention amidst all is the price action in individual stocks and some sectoral winners.
Rupee settles 9 paise lower at 93.44 against US dollar
Mumbai: The rupee pared initial gains to settle 9 paise lower at 93.44 (provisional) against the US dollar on Wednesday, as rising crude oil prices after a sharp fall and higher domestic inflation data dampened sentiment.
Datanomics: Rupee weakens, Indian economy slips to sixth-largest
India has slipped to being the sixth-largest economy in 2025, falling behind the United Kingdom (UK) in dollar gross domestic product (GDP) terms. This comes even as the International Monetary Fund (IMF) on April 14 raised India’s real GDP growth forecast for FY27 to 6.5 per cent, while domestic estimates predict a real growth of 7.4 per cent in FY26. The divergence lies in nominal growth and currency effects.
IMF ups India’s growth forecast to 6.5% for FY27
New Delhi: International Monetary Fund (IMF) on Tuesday upped India’s growth forecast by 30 basis points to 6.5 per cent for fiscal year 2026-27 (FY27). However, global forecast has been revised downward by 20 bps to 3.1 per cent for 2026.
S&P Global warns: India’s GDP growth can slip 80 bps if crude hits $130
Can India handle the oil shock? That’s a key question at the current juncture. S&P Global Ratings predicts that India’s economic growth could slow by up to 80 basis points if crude averages $130 per barrel in 2026.
Rupee slumps 65p amid spike in crude oil prices due to failure of US, Iran to reach a truce deal
Monday blues: Nifty ends below 23,850 amid geopolitical tension and oil surge; Sensex down 700 points
US-Iran truce talks fail: Markets brace for volatility, ceasefire rally gains at risk
The markets are likely to turn volatile yet again after the collapse of US-Iran truce talks in Islamabad. Last week’s relief rally may prove to be short-lived due to the risk of renewed tensions in West Asia.
Rupee drops 17 paise to close at 92.68 against US dollar
Mumbai: The rupee pared initial gains and settled for the day 17 paise lower at 92.68 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict.
Sensex, Nifty close the week with over 6% gain, brisk buying in small and midcaps; Auto, financials, paints shine
Markets at close: The market ended Friday’s session on a strong note, with benchmarks closing firmly in the green. The Sensex surged 918.60 points, or 1.20%, to settle at 77,550.25, while the Nifty 50 gained 275.50 points, or 1.16%, to close at 24,050.60.
India's forex reserves jump $9 bn to $697.1 bn in week ended April 3
India among fastest-growingeconomies, but risks tilted to downside: World Bank economist
India is expected to retain its position as one of the world’s fastest-growing large economies in FY27, Aurelien Kruse, lead economist for India at the World Bank, said on Thursday. However, risks to the medium-term outlook are tilted to the downside, as uncertainty persists over the duration and scale of the Middle East conflict.
Morgan Stanley sees 24% upside in Sensex by December
Despite the weakness in equity markets, Morgan Stanley India sees a 24% upside for the benchmark equity index Sensex at 95,000 points by the end of the year, indicating a sharp recovery in the market. This would be supported by stocks’ 12-month trailing performance, valuations, foreign investors’ positioning, and the resumption of earnings up cycle, it said in an equity strategy report. Morgan Stanley’s bull-case target for the index is 107,000 points, which is a 40% rise from the current level.
Sensex tanks 1,100 points, Nifty cracks 1%: Why the stock market fell on April 09? 6 reasons explained
Dalal Street took a sharp turn on April 9, after a strong rally in the previous session,
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline
Banks have exited the bulk of their Indian rupee arbitrage trades to comply with central bank-imposed limits on onshore positions aimed at reining in volatility and downward pressure on the currency, three people familiar with the matter said.
Rupee snaps 5-day rally; bond yields rise on crude, US yield surge
Rupee falls 9 paise to close at 92.63 against US dollar
World Bank cuts India’s FY27 growth rate by 30 bps, to 6.6%
New Delhi: World Bank on Wednesday revised India’s growth forecast up by 30 basis points (bps) to 6.6 per cent for fiscal year 2026-27. However, it is one percentage point lower than 7.6 per cent of fiscal year 2025-26.
Rupee likely to stabilise at 92-93 per dollar, says EAC-PM chairman
Bulls Seize the Moment: Sensex soars 2,946 points as US-Iran ceasefire
Rupee ends higher at 93/$; traders eye Trump’s Iran deadline, RBI policy decision
The rupee closed stronger on Tuesday, supported by the unwinding of residual arbitrage positions, while traders braced for a U.S. deadline to reach a deal with Iran and the Reserve Bank of India’s monetary policy decision.
Banks unwind 75% forex bets as RBI deadline nears; rupee, bonds gain
Markets end higher: Nifty closes above 23,100, Sensex recovers 1,300 points from intra-day lows; IT Stocks lead the charge
Morgan Stanley cuts India growth forecast to 6.2%
Rupee ends little changed at 93.06/USD, hemmed in by position unwinding, importer hedging
Mumbai: The Indian rupee closed nearly unchanged on Monday, wedged between dollar sales spurred by the unwinding of arbitrage positions and importers’ hedging demand amid swirling risks from the Iran war.
Sensex jumps 787 points; Nifty nears 23k level on softening crude oil prices
Benchmark indices Sensex and Nifty staged a sharp rebound on Monday (April 6, 2026) after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war.
Ceasefire hopes push indices higher
Moody's cuts India's FY27 GDP growth forecast to 6% amid West Asia war