Gold financiers ride bullion rally, but valuations flash caution: Ambareesh Baliga

Gold financiers have seen strong gains but investors should manage risk. IT sector earnings may offer short-term surprises, but sustained growth is uncertain. Larsen & Toubro presents a long-term buying opportunity on dips. Footwear stocks are not recommended at this time. Market sentiment remains cautious with a focus on valuations.

New record! China trade surplus hits $1.2 trillion - what’s the outlook for 2026?

China achieved a record trade surplus of nearly $1.2 trillion in 2025, driven by robust exports to global markets that compensated for reduced shipments to the United States. Despite ongoing trade friction, experts predict exports will continue to be a significant growth driver for China's economy in 2026, with the trade surplus expected to remain above $1 trillion.

Vedanta shares jump 6% to record high after Nuvama raises target price to Rs 806

Vedanta shares surged to a record high of Rs 678.50 after Nuvama Institutional Equities raised its target price to Rs 806, citing value unlocking from the demerger. The brokerage anticipates strong EBITDA growth driven by sustained commodity prices and cost optimization, maintaining Vedanta as a top pick.

Selective buying opportunities emerge as earnings catch up with prices: Aniruddha Naha

Investors see chances for long-term gains as market corrections meet better earnings. Aniruddha Naha from PGIM India Asset Management suggests building portfolios over the next six months. Sectors like autos, commodities, and PSU banks show promise. Discretionary consumption may rise with pay commission revisions. Quick commerce valuations face a reality check.

Unusual Solidarity: Global central banks step in to back Jerome Powell

Global central bankers have united to defend the U.S. Federal Reserve's independence amid political pressure and a federal probe into its headquarters' renovation. Leaders from Europe, North America, and Asia publicly backed Fed Chair Jerome Powell, highlighting the critical role of central bank autonomy for global financial stability. This rare show of solidarity underscores widespread concern over potential interference.

Rupee recovers 11 paise to 90.12 against US dollar in early trade

The rupee strengthened by 11 paise to trade at 90.12 against the US dollar, buoyed by lower crude oil prices and a retreating American currency. Domestic equity markets also showed resilience, with the Sensex and Nifty registering modest gains amid cautious trading. Traders are closely watching geopolitical developments and awaiting US inflation data for Federal Reserve policy cues.