Asian stocks paused their seven-day rally, mirroring tech-led declines on Wall Street. Gold and silver fluctuated after a sharp drop from record highs. Despite risks, strategists anticipate further gains for US stocks in 2026, with the Fed's meeting minutes awaited.
GE Vernova T&D India's shares have surged 47% year-to-date, driven by a robust order pipeline including significant contracts from Adani Energy Solutions and Power Grid Corporation. The company's order backlog, exceeding three times its FY25 revenue, signals strong long-term revenue visibility and supports projected revenue growth and capacity expansion.
Wall Street experts predict a strong rally for the US stock market in 2026. This would mark four consecutive years of gains. Despite concerns about artificial intelligence and economic shifts, strategists are largely optimistic. The S&P 500 is expected to see further growth. This positive outlook is supported by a resilient economy and strong corporate earnings.
Citgroup on Monday said it is selling the last of its business operations in Russia, and expecting to log a $1.1 billion loss in the process. AO Citibank, which conducts the company's remaining operations in Russia, is being sold to Renaissance Capital, according to the financial institution. gc/sla
Indian stock markets saw a stark contrast in 2025. Foreign investors withdrew record funds, citing slowing growth and a weak rupee. However, domestic institutions, fueled by retail investor inflows, invested significantly. This shift led to domestic ownership of Indian companies exceeding foreign ownership. Despite market gains, Indian stocks underperformed other Asian markets. Domestic inflows provided crucial support to the market.
The Indian Rupee weakened by eight paise on Monday, closing at 89.98 against the US Dollar. Foreign fund outflows and a downturn in domestic stock markets pressured the currency. Importers' demand for dollars also contributed to the decline. Analysts anticipate the Rupee to trade within a specific range this week, with key US economic data on the horizon.
Coforge's acquisition of Encora is seen as a transformative, high-stakes deal strengthening long-term capabilities but creating near-term pressure on earnings and stock. Analysts cite the acquisition's size, valuation, and complexity as reasons for potential short-term stock weakness, though many view the recent correction as a buying opportunity for long-term investors.
Indian business groups saw varied fortunes in 2025. The Shriram Group topped gains with a 59% market cap increase. Venu Srinivasan Group and Vedanta Group also performed well. However, Ravi Jaipuria Group and HCL Group experienced significant drops. Tata Group companies like TCS and Trent faced pressure. Market volatility impacted returns across the board.
The interim chair of the Chicago City Councils Zoning Committee is halting its meetings to try to force Mayor Brandon Johnson to appoint a permanent head of the critical committee.
