The Union Budget 2026-27 sets out a growth-oriented yet fiscally disciplined roadmap aimed at advancing India toward its long-term Viksit Bharat vision.
U.S. markets were mixed on Thursday as tech earnings and policy risks impacted sentiment, with the S&P 500 down 0.13% and the Nasdaq Composite down 0.72% due to a sharp 10% drop in Microsoft following weak Azure growth and soft margin guidance, while the Dow Jones rose 0.11%.
In the January series, Nifty futures recorded a high of 26,510 before entering a sharp corrective phase. Over the subsequent 14 trading sessions, the index declined by more than 5.50%, marking one of the most decisive corrections in recent months.
The India-European Union Free Trade Agreement (India-EU FTA) was signed on January 27, 2026, during the 16th India-EU Summit in New Delhi. The agreement, known as the "mother of all deals," forms one of the world's largest trade blocs, accounting for approximately 25% of global GDP and nearly one-third of global trade.
As 2025 came to a close, December emerged as a period of consolidation for Indian equities. It was a tactical reset in which robust sectoral rotations were contrasted with index-level moderation and a distinct shift towards earnings quality.