The Economic Times

India's National Stock Exchange is in discussions with Indian Gas Exchange, or IGX, to develop and launch Indian natural gas futures, the country's largest bourse said on Thursday.

Indian markets extended losses as the Sensex slid 800 points and the Nifty broke key technical levels amid renewed US tariff concerns. Analysts advise caution, citing geopolitical risks and weak momentum, even as long-term fundamentals remain supportive.

Shriram Finance shares are in focus ahead of an EGM on January 14, where shareholders will vote on a Rs 39,618 crore capital infusion from Japan's MUFG Bank. The deal involves a 20% stake dilution via preferential allotment. Proxy advisors ISS and InGovern recommend voting in favor, citing fair pricing and safeguards.

Angel One shares will be in focus as the board meets January 15. They will consider a stock split and an interim dividend for FY26. This comes with the announcement of December quarter update. The company also released its December business update showing mixed trends in client acquisition and order volumes. Angel One shares have started 2026 with a gain.

Gold jewellery stocks surged on Wednesday. Titan Company, Kalyan Jewellers India, and Senco Gold reported strong third-quarter sales. This positive market sentiment is expected to continue. Analysts point to rising gold prices and consistent sales growth as key drivers. Titan's jewellery business grew 41% year-on-year. Senco's revenue was up 51%. Kalyan Jewellers saw consolidated revenue growth of approximately 42%.

Client Associates has set a December 2026 Sensex target of 93,918, implying 10% annual growth, while cautioning investors about elevated valuations and near-term earnings moderation, and highlighting gold and silver as strategic allocations amid global uncertainty

Titan Companys strong December-quarter update drove its shares to a fresh record high, significantly boosting Rekha Jhunjhunwalas notional wealth. Robust growth across jewellery, watches, emerging categories and international markets, supported by premiumisation and store expansion, reinforced Titans leadership position and sustained positive investor sentiment.

State Bank of India has awarded a significant Rs 1000 crore, 10-year contract to CMS Info Systems. This deal covers cash outsourcing for 5,000 ATMs across India. The agreement will enhance cash efficiency and ATM uptime for millions of customers. The project is set to begin in January 2026. This marks a major step in bank outsourcing.

Titan Company's consumer businesses surged 40% year-on-year in Q3FY26, with international and domestic segments growing 79% and 38% respectively. The company expanded its retail network by 56 stores, reaching 3,433. Jewellery sales jumped 41% driven by price increases, while watches and eyecare also saw significant growth.

DSP Mutual Funds latest NETRA report debunks 12 widely held market myths, challenging assumptions around gold, equity returns, GDP growth, fund performance, index targets and SIP timing, and urges investors to rely on data, diversification and valuation discipline.

Ola Electric shares extended their rally for a fourth consecutive session, rising over 4% to Rs 45.87 on the NSE. The surge is driven by improving operational performance, strong December demand, and the rollout of the Hyperservice program, which boosted service efficiency and market share across major EV states.