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INR turns best performing currency today due to huge RBI intervention

by ET Markets | January 7, 2026 10:06 pm | Indian Stocks, Market, News

Rupee strengthened against the dollar despite equity outflows as RBI intervened aggressively to curb speculation. Central bank dollar sales lifted the currency to a three-week high, made it Asia’s top performer, and signalled tolerance for only limited one-sided moves...

US online holiday spending hits record levels despite slower growth, Adobe says

by ET Markets | January 7, 2026 10:05 pm | Indian Stocks, Market, News

U.S. online holiday spending growth slowed in the ‍2025 season, Adobe Analytics ​data showed on Wednesday, even as shoppers ⁠set a record on the back of steep discounts and wider use of buy-now-pay-later plans.

US crude oil stocks fall, gasoline and distillate inventories rise, EIA says

by ET Markets | January 7, 2026 10:05 pm | Indian Stocks, Market, News

U.S. ​crude stocks fell while gasoline and distillate ⁠inventories rose last week, the Energy Information Administration said on Wednesday.

Gold falls more than 1% as investors lock in profits

by ET Markets | January 7, 2026 10:04 pm | Indian Stocks, Market, News

Gold prices fell over 1% on Wednesday as investors booked profits after a recent rally, though it pared some losses after weaker-than-expected U.S. private payroll growth for December ‌bolstered bets on ‌Federal Reserve rate cuts.

GameStop unveils $35 billion pay plan for CEO Cohen tied to lofty targets

by ET Markets | January 7, 2026 10:03 pm | Indian Stocks, Market, News

GameStop on Wednesday unveiled a compensation package worth roughly $35 billion ‍for CEO Ryan Cohen, hinging on a ​turnaround that requires him to lift the struggling videogame retailer’s market value ⁠more than tenfold and sharply boost its profit.

Angel One board to meet on January 15 to consider stock split, first interim dividend for FY26

by ET Markets | January 7, 2026 9:05 pm | Indian Stocks, Market, News

Angel One’s board will meet on January 15 to consider a stock split and its first interim dividend for FY26, alongside Q3 earnings, amid weak stock performance despite strong recent quarterly profit growth.

Strategy shares rise as MSCI shelves plans to exclude crypto treasury firms from indexes

by ET Markets | January 7, 2026 9:04 pm | Indian Stocks, Market, News

Shares of billionaire Michael Saylor’s Strategy rose in premarket ‍trading on Wednesday, after ​MSCI dropped a plan to exclude the bitcoin hoarder and ⁠other crypto treasury firms from its indexes.

US stocks edge up on tech optimism as private sector hiring rebounds

by ET Markets | January 7, 2026 9:03 pm | Indian Stocks, Market, News

Wall Street stocks edged higher early Wednesday, driven by renewed excitement over technology announcements from the Consumer Electronics Show. Private sector employment showed a rebound in December, adding 41,000 jobs, though slightly below forecasts. Investors are...

ET Market Watch: Markets in red for 3rd day, 4 reasons behind stock market decline

by ET Markets | January 7, 2026 8:05 pm | Indian Stocks, Market, News

Kalyan Jewellers Q3 revenue jumps 42% on festive demand, Candere shines

by ET Markets | January 7, 2026 8:04 pm | Indian Stocks, Market, News

Kalyan Jewellers posted 42% year-on-year revenue growth in Q3 FY26, driven by strong festive demand, robust post-Diwali sales, healthy same-store growth, and sharp expansion across international and digital jewellery platforms.

US private payrolls rebound less than expected in November

by ET Markets | January 7, 2026 8:04 pm | Indian Stocks, Market, News

U.S. private payrolls rebounded less than expected in ‍December, the ADP’s national employment ​report showed on Wednesday.

Indian Gas Exchange to launch Rs 600-700-cr IPO by December 2026

by ET Markets | January 7, 2026 8:03 pm | Indian Stocks, Market, News

Indian Gas Exchange, the country’s first online delivery-based trading platform for natural gas, is likely to launch an initial public offering (IPO) by December this year, its Managing Director and CEO Rajesh Kumar Mediratta said on Wednesday.

Tata Steel Q3 update: Production jumps 12% YoY, leads to best-ever quarterly deliveries

by ET Markets | January 7, 2026 7:05 pm | Indian Stocks, Market, News

Tata Steel reported record Q3 crude steel production and deliveries, driven by higher output at Jamshedpur and Kalinganagar, strong domestic demand, robust branded sales, automotive volumes, and sharp growth in e-commerce-led revenues.

India bonds end flat after RBI’s debt purchase let-down

by ET Markets | January 7, 2026 7:04 pm | Indian Stocks, Market, News

Indian government bonds ‍ended largely unchanged on Wednesday, with ​the former benchmark paper leading losses, after the central ⁠bank once again went ahead with a set of illiquid papers for next week’s debt purchase.

Gainers & Losers: Meesho among 7 stocks that were under the spotlight on Wednesday

by ET Markets | January 7, 2026 7:03 pm | Indian Stocks, Market, News

Indian markets closed marginally lower for a third straight session as auto and energy stocks weighed on indices. Titan, Emmvee Photovoltaic and Senco Gold gained on updates and broker calls, while Meesho, Balu Forge and Cipla declined on specific triggers.

Bernstein warns of regulatory storm for IEX as market-coupling case plays out

by ET Markets | January 7, 2026 6:09 pm | Indian Stocks, Market, News

Bernstein warns that Indian Energy Exchange faces a “regulatory storm” despite recent legal relief in the market-coupling case. The brokerage maintains an underperform rating, arguing that policy risks around coupling, transaction charges, and returns overshadow...

US ETF provider files for first Venezuela-focused fund after turmoil

by ET Markets | January 7, 2026 6:07 pm | Indian Stocks, Market, News

A U.S. ETF provider has sought approval ‍to launch the first-ever ​exchange-traded fund tracking companies exposed to Venezuela, ⁠as the U.S. capture of President Nicolas Maduro over the weekend sparked a rally in local assets.

Vedanta, Titan Company among 7 stocks hit 52-week highs; gains up to 20% in a month

by ET Markets | January 7, 2026 6:07 pm | Indian Stocks, Market, News

Seven stocks, including Vedanta and Titan Company, touched fresh 52-week highs despite a weaker broader market. Strong price breakouts signal sustained bullish momentum, with monthly gains ranging from 2% to nearly 20%.

Retail shake-up: Trent struggles, DMart steadier, Nykaa and Jubilant emerge stronger bets: Karan Taurani

by ET Markets | January 7, 2026 6:06 pm | Indian Stocks, Market, News

Trent shares slide again as growth slows and valuation multiples reset amid rising competition in fast fashion. Karan Taurani, EVP, Elara Securities, flags weak like-for-like sales and margin risks, while DMart, Nykaa and Jubilant FoodWorks appear relatively better...

High-flying stocks slide on Trump’s plan to capture Venezuela oil reserves

by ET Markets | January 7, 2026 6:05 pm | Indian Stocks, Market, News

Global stocks retreated from all-time peaks and oil extended its slide on Wednesday ⁠as U.S. President Donald Trump’s plan to grab Venezuelan crude reserves and his latest missive on Greenland forced a New Year rally to take a breather.
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