Your daily market briefing

Data from the World Gold Council (WGC) showed that investments were net positive at $1.55 billion last week despite the volatile precious metal market

Association asks Centre to cut gold import duty to 6%, citing smuggling and a weak rupee

The benchmark October gold contract opened at ₹1,51,115 per 10 gram, down ₹115 from the previous close of ₹1,51,230

LNG Demand in China and India Could Surge When Prices Normalize Crude Oil Prices Today | OilPrice.com

MCX gold October futures climbed 0.60% to ₹1,51,667 per 10 grams, while MCX silver December contracts rose 1.31% to ₹2,35,159 per kg in the morning session.

Under its agreement with Dubai Gold & Commodities Exchange, TCS will support the exchange across energy commodities, currencies, equities, bullion, and precious metals

Wholesale prices increased to 9.9% year-on-year in August from 9.8% in July. Fuel and power inflation rose significantly, driven by mineral oil and crude petroleum prices. Manufactured products saw a marginal increase, while primary articles eased during the same period. Food inflation reached a twenty-month high, largely due to fruits, vegetables, and milk. Experts predict inflation will remain elevated in the near term due to global uncertainties.

Indian Para Shooters Secure Gold And Silver At Changwon World Championships Rediff

Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 2214 GMT (Sunday). WTI futures rose $3.15, ‌or 3.15%, to $103.20 per barrel

Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ongoing food inflation concerns. The CEO of Axis Bank has raised alarms about the increasing risks of inflation. This shift in monetary policy timing comes as the Monetary Policy Committee prepares to evaluate interest rates in early October, reversing earlier predictions of stability.

Sensex, Nifty, Share Prices Live Updates: Market at day’s low. At 2.13 pm, Sensex depreciated 441.70 pts or 0.59% to 74,340.06. Nifty 50 fell 161.65 pts or 0.69% to 23,236.45.

Amid market pressures from crude prices and global sentiment, Kellton Tech Solutions surged 6.75%, attributed to a new automotive finance project aimed at creating an advanced loan integration platform, bolstering its position in financial services and AI technology.

The US is considering imposing tariffs on significant purchasers of Russian energy, which puts India's considerable imports of Russian crude at risk of sanctions. This development unfolds as India engages in negotiations for a bilateral trade agreement with the US. The looming tariffs threaten to disrupt global trade, adversely affecting Indian exporters while India continues to seek cost-effective energy solutions for its population.

India's retail inflation rose to 4.82% in August 2026 from 4.45% in July. Food prices and jewellery significantly contributed to this recent inflationary pressure. The Reserve Bank of India has lowered its FY27 inflation forecast to 5%. Inflation is expected to rise in the near term and peak in the third quarter. The central bank prioritizes price stability while supporting economic growth.

India’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% to $43.81 billion while imports grew 14.1% to $70.76 billion.

Indian equities faced hurdles on Tuesday amid concerns over crude oil prices and global bond yields. Solar Industries saw volatility due to its acquisition announcement, and Bharat Electronics' stock fell despite defense deals boosting potential growth.

The key equity barometers trimmed their losses in early afternoon trade, but sentiment remained weak amid mixed global cues. Rising crude oil prices and elevated global bond yields continued to weigh on risk appetite.

India's August goods trade deficit narrows as gold imports plunge Reuters

The jewellery stock opened at ₹12.89 apiece today and touched an intraday low of ₹12.08 on 16 September.

India’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports declined. Key free trade agreements are on track for finalisation, while exporters are being prepared for the European Union’s Carbon Border Adjustment Mechanism. Trade ministers are also set to address bilateral concerns and review the status of ongoing free trade negotiations.

The British pound is gaining traction on Wednesday after UK CPI accelerated in line with the market consensus in August, while producer prices beat expectations. Consumer inflation accelerated to 0.5% in the UK in August from 0.3% in July, while the yearly CPI climbed to 3.1% from 2.9%, according to levels released by the UK Office for National Statistics. The core CPI has remained growing at a steady 2.6% pace, in line with market expectations. Meanwhile, Producer Price Index (PPI) rose to a 6.1% year-over-year rate in August from 4.9% in July, above the 5.4% market consensus, and the Output PPI accelerating to 3.7% Y-o-Y from 3.1% in the previous month. GBP/USD ticked higher to trade at $1.3485 but remains 0.3% lower on the week so far, as markets brace for a Federal Reserve rate hike. Feds decision in due later in the global day and will be closely monitored for further cues. On the NSE, GBP/INR futures are seen trading at 129.53, up marginally on the day.

Commerzbank economists note India’s August CPI rose to 4.8% year-on-year, above the RBI midpoint but still below the central bank’s full-year forecast. They see a more finely balanced policy outlook, with a likely hawkish hold at 5.25%.

Weeks after a strong IPO launch, ESDS Software introduced Swaraj Sethu, a unified platform aimed at improving software delivery and security. Despite a share price correction, the stock has shown remarkable growth, up nearly 304% since its initial offering on September 4.

Zensar Technologies share price opened at ₹430 apiece today, as compared to previous close of ₹425.25 on Friday last week. The IT stock surged as much as 13%, hitting an intraday high of ₹479.90 on 15 September.

The Nifty 50's drop below its 200-day moving average to 5.75% suggests a bearish trend, with significant selling pressure. Contributing factors include rising US bond yields and crude oil prices, along with increasing concerns about inflation in India.

India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel and manufactured goods. Food inflation increased to 6%, with rural areas experiencing higher price pressures. Economists anticipate further inflation and potential interest rate hikes by the Reserve Bank of India. The central bank's next monetary policy meeting is scheduled for October.

Robert Kiyosaki warns that a significant stock and bond market crash has begun, influenced by factors like the AI frenzy and excessive debt. He emphasizes the need for financial preparedness, especially for those over 40, while sharing his strategies for navigating the potential crisis.

Network People Services shares surged 18% on September 16, fueled by overall market gains and a recent award for ‘Best Digital Banking Platform’. The stock's performance shows significant growth, rising 7,660% over five years, though it remains 10% below its 52-week high.

Analysts expect the Reserve Bank of India to raise key policy rates soon. Headline inflation is projected to rise further, influencing this decision. Global factors like oil prices and US Federal Reserve actions also play a role. Economists suggest two rate hikes in October and December this year. This move aims to manage inflation and maintain real interest rate credibility.

FGE's Iman Nasseri says Brent could reach $120-$150 a barrel if Middle East supply disruptions persist, while physical crude is already trading at $125-$130.

Vodafone Idea share price declined more than 2% in morning trade on the BSE on Wednesday, 16 September, in an otherwise positive market. The telecom stock opened flat at ₹14.47 and slipped 2.3% to an intraday low of ₹14.14.

Molbio Diagnostics experienced a sharp decline, dropping 8.8% to ₹1,229.65 on September 16, following profit booking after significant gains. Despite the recent downturn, the stock remains over 50% above its IPO price of ₹807, having surged 75% in the last month.

The public issue comprised a fresh issue worth ₹315.6 crore and an offer-for-sale (OFS) of 28.5 lakh equity shares worth ₹35.43 crore by investor shareholder BioUrja India Infra

Sensex, Nifty today: The 30-share pack dropped nearly 400 points, or 0.50%, to an intraday low of 74,403, while the NSE counterpart slipped to 23,252 during the session, falling nearly 150 points, or 0.60%.

HFCL shares touched an intraday low of ₹225, falling over 3.71% on 15 September. The stock has remained under pressure in the near-term as it has fallen over 9.44% in a week.

Firstsource Solutions shares rose nearly 18% on 15 September, as Indian IT stocks rebounded byover 4%. Analysts suggest the pace of AI development may benefit traditional software firms, providing clarity on tech investments amid global strength in tech stocks.

In a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit direct taxpayer engagement. This initiative seeks to foster a unified, dependable ecosystem. Support for small businesses through deferred duty payment schemes will be implemented, paving the way for a near-touchless, paperless operational environment, with stronger technology adoption anticipated in the coming decade.

The landmark listing of National Stock Exchange of India Ltd. is set to deliver a major boost to the country’s primary market, but it will be a significant blow to the booming trade in unlisted shares.

New Zealand's parliament has passed legislation implementing its free trade agreement with India, clearing the way for tariff elimination or reductions on about 95% of New Zealand exports to India. The agreement also provides duty-free access for Indian goods and includes a $20 billion New Zealand investment commitment over 15 years.

Groww shares fell nearly 4% on 16 September amid a block deal involving the transfer of 10.07 crore shares at a floor price of ₹191.45. Brokerage Jefferies maintains a 'Buy' rating, projecting 30% profit growth from its broking business through FY29.

The selloff in crypto market came was triggered by the failure of the US Senate to advance the Clarity Act, which has renewed concerns around the pace of regulatory clarity for digital assets.

Three IPOs make their stock market debut today, with listing prices and early trading action in focus.

Sensex, Nifty likely to start on a firm note after the long break, but rising inflation, crude oil prices and renewed West Asia tensions could keep markets volatile.

Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTO’s World Trade Report 2026. “Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met,” the WTO said.

Stock Market News Today Live: Sensex and Nifty 50 traded higher with the benchmarks rebounding after the Nifty 50 closed at a five-month low in the previous session, although higher crude prices and caution ahead of the US Federal Reserve's policy decision capped gains.

Trade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year growth. Imports from the two countries also increased significantly during the month. From April to August, India’s exports to the US grew by more than 6%, while exports to Singapore surged sharply, highlighting varied trends in the country’s international trade.

India's Commerce Minister Piyush Goyal held talks with Wang Wentao, his Chinese counterpart, to explore avenues for enhancing trade and economic relations between their countries. The last fiscal year marked a notable increase in bilateral trade, with India's exports to China witnessing significant growth, even as imports rose, causing an expansion in the trade deficit that raised concerns.

China, India LNG Demand Poised for Recovery as Global Supply Eases Egypt Oil & Gas

India's current account deficit grew to seven billion dollars in July. This widening gap occurred as merchandise imports outpaced exports significantly. The goods trade deficit reached one hundred seventeen point eight billion dollars. Services exports improved, and transfer receipts also saw an increase. These factors combined to widen the overall deficit.

On 16 September, the Indian stock market is set to open flat with mixed global cues. The Nifty 50 fell below 23,200 in the previous session, and bank indices face selling pressure. Watch for market trends in response to the FOMC meeting and oil prices.