A strong El Nino-led summer in 2026 could trigger a cyclical upturn for India's consumer durables sector, particularly cooling products such as air conditioners, air coolers and fans, according to a report by Anand Rathi Research.
Buying enthusiasm picked up later in the session as the Sensex climbed 266.47 points to settle at 83,580.40 while Nifty 50 advanced 50.90 points to close 25,693.70. Among the sectors, PSU Bank, IT, pharma slipped while FMCG oil & gas, consumer durables, Private Banks, realty rose.
Indian benchmark indices opened on a flat to negative note, reflecting a cautious sentiment across domestic markets. Among the sectors, Realty, Consumer Durables, Auto, IT, Metal, and Pharma indices witnessed fall. Rupee traded flat near 90.90 remaining range-bound with participants awaiting
The Sensex was down 604.72 points or 0.72% at 83,576.24, while the Nifty was down 193.55 points or 0.75% at 25,683.30. Among the sector, PSU Banks, Oil & Gas, IT, PSE, and Metals remained strong footed, while weakness was seen in Realty, Private Banks, Financial Services, FMCG, and Consumer
Among sectors, IT, oil & gas, telecom down 0.5-1%, and realty index spiked 2%. Further, the consumer durables index rose 1% and on the other hand, metal and FMCG indices added 0.5% each.
India's power sector faces a critical juncture as demand is set to recover in 2026 to reverse a period of underperformance driven by weak consumption trends. According to a recent report by Jefferies, the sector saw subdued activity throughout 2025, with power demand remaining flat year-on-y
Sensex suffered loss of 0.63% at 84,679.86, while the Nifty 50 down by 0.64% at 25,860.10. Among the sectors, Nifty Realty emerged as the top laggard. Others including Nifty Bank, Nifty Oil & Gas, and Nifty Pharma all closed lower while on the upside was Nifty Consumer Durables index.
Sensex and Nifty 50 ended in the red. Sensex ended 54 points, or 0.06%, lower at 85,213.36, while the Nifty 50 closed at 26,027.30, down 20 points, or 0.08%. Among the sectors, most indies ended higher with Nifty Media spiked 1.79%, FMCG up by 0.69%, Consumer Durables up by 0.52%, Nifty Bank
India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.
The credit growth of the banks in the country which had slowed in recent quarters, is expected to pick up as companies begin to draw more funds for their day-to-day operations, highlighted a report by State Bank of India.
Mid-cap and small-cap companies delivered better-than-expected results in the second quarter of FY26, outperforming large-cap firms, according to a report by Antique, a stock broking company.