WisdomTree India Hedged Equity

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

INDH

INDA

INDY

India's stock market is at risk of dropping out of the world's top five, largely due to its lack of involvement in the AI-driven investment boom. Foreign investors have been withdrawing, leading to a 14-year low in their ownership. The MSCI emerging markets index weight for India has decreased significantly, reflecting a shift towards markets like Korea and Taiwan, which are benefiting from AI. The rupee has also hit a record low, prompting government intervention. Analysts suggest that India's market needs to evolve to attract global capital focused on AI.

Business Standard

ISHRS MSCI India

Wtree India Earnings

iShares India 50

Goldman Sachs

Infosys

GS Hldg R

India missed out on AI and now its run as 'market darling' may be over

601899

600489

SGDJ

India's trade deficit widened to US$28.4 billion in April, exceeding economists' forecasts of US$26 billion, as import costs surged due to rising global oil prices amid Middle East conflicts. Inbound shipments increased by 10% to US$71.9 billion, while exports rose 13.8% to US$43.6 billion. The government is implementing emergency measures, including raising fuel prices and tightening gold imports, to stabilize the currency and manage foreign-exchange outflows.

- India's trade deficit widened in April to $28.4 billion, driven by rising global oil prices due to the Middle East conflict.  
- The increase in imports by 10% to $71.9 billion outpaced exports, which grew by 13.8% to $43.6 billion.  
- The deficit puts additional pressure on the Indian rupee, which is the worst-performing currency in Asia for 2026, prompting the government to implement measures to support the currency.

Businesstimes News

Newmont

Zijin Mining

Kinross Gold

Gold.com

SD-GOLD

ZHONGJIN GOLD

Agnico Eagle Mines

Pro Ultr GLD

GLOBAL X Gold Explorers

VanEck Junior Gold Miners ETF

Sprott GLD Miners Etf

iShares Gold Trust

Sprott JR Gold Miners ETF

EFUND GOLD MI-U

EFUND GOLD MI-R

SPDR Gold Minishares

ChinaAMC Gold ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Direxion Daily Jr Gold Miners Bull 2X

Us Gbl GLD & Met

VanEck Gold Miners ETF

iShares MSCI Global Gold Miners

Abrdn Gold ETF Trust

SPDR Gold Shares

Roundhill Gold Miners Weeklypay ETF

EFUND GOLD MI ETF

India’s trade deficit widens in April as import costs rise

CRAK

The Indian rupee fell 0.2% to 95.94, nearing its record low, as oil prices remained above $100 per barrel. State-run banks' dollar sales provided some support. Brent oil prices rose to $107 per barrel amid U.S.-Iran tensions. India's petrol and diesel prices increased for the first time in four years. Economists expect further measures to encourage foreign capital inflows, while interest rate swaps indicate potential rate hikes over the next year.

Yahoo Finance

Occidental Petroleum

Us Brent Oil

SPDR O&G Equip

iShares Core MSCI EM

Dimensional Emerging Markets Value ETF

iShares MSCI Emerging Mkts Val Fac ETF

Invesco India ETF

Wisdomtree EM High Dividend Fund

SPDR Energy Select

ISHRS S&P Glb Engy

VG Energy

iShares Emerging Markets Equity Factor ETF

SPDR Em Mkt

iShares US Oil Equip & Svcs

United States Oil Fund LP

Avantis Emerging Markets Equity ETF

VanEck Oil Refiners ETF

SPDR O&G Ex & Prd

Schw Em Mkt

SPDR S&P Em Mkt Dvd

Avantis Emerging Markets Value ETF

VanEck Oil Services ETF

iShares MSCI Em

iShares MSCI EM Ex-China

iShares US Oil & Gas Expl & Prod

VG Em Mkts

Pro Ultr Bloomberg Crude Oil

Barclays

Oil price strain keeps rupee near record low, state banks' dollar sales cushion

Indian stocks, including Nifty 50 and Sensex, saw selective gains due to strong corporate earnings, despite IT stocks lagging. Analysts view this as a technical rebound after declines, influenced by high crude prices and foreign outflows. Industry leaders back Modi's initiative to reduce gold and travel imports to stabilize the rupee.

Indian stocks rise with selective gains as rupee weakens

Shares of Butterfly Gandhimathi Appliances surged nearly 14% following strong Q4 results, with a 26.69% rise in net profit to Rs 11.44 crore. Revenue increased by 16.56% to Rs 218.17 crore. Other kitchen appliance stocks like TTK Prestige and Stove Kraft also saw gains. The rally is attributed to rising interest in energy-efficient cooking amid high crude oil prices and government appeals for lower fuel consumption. However, rising oil prices may widen India's current account deficit, leading to a weaker rupee and declining foreign reserves, according to analysts.

Money Control

Australia and New Zealand Banking Group Limited

ANZ Group Holdings Limited

Butterfly Gandhimathi rallies 14% on strong Q4 results, crude surge; peers TTK Prestige, Stove Kraft see rub-off effect

NUGT

Shares of Indian jewellery retailers fell sharply after Prime Minister Modi urged citizens to pause gold purchases for a year to protect the rupee and foreign exchange reserves. Concerns about potential tariff hikes on gold imports have emerged, as India heavily relies on gold imports for its demand. Shares of major jewellers like Titan and Kalyan Jewellers dropped between 6% and 8%. Despite fears, a government source stated there are no plans to raise import duties on gold and silver. India's balance of payments is projected to worsen significantly this fiscal year.

Direxion Daily Gold Miners Bull 2X

Microsectors Gold Miners 3x Leveraged ETN

First Trust India Nifty 50 Equal Weight

Huaan Yifu Gold ETF

Shares of Indian jewellers slide after Modi urges pause on gold purchases to protect rupee

Indian importers are heavily hedging in the foreign exchange market, with forward hedges worth nearly $58 billion in April, while exporters are hesitant, booking only about $24 billion. The rupee has declined over 5% this year, hitting a record low of 95.4325. The disparity in hedging activity is putting additional pressure on the rupee, as RBI interventions may not sufficiently counterbalance the negative balance-of-payments dynamics, leading to continued exporter reluctance in the FX market.

Heavy importer hedging, exporter reluctance weigh on rupee, data shows

Indian markets are experiencing heightened volatility due to escalating tensions in the Middle East, leading to a weakening rupee and rising oil prices above $100 a barrel. Traders are recalibrating positions rapidly in response to global developments, with significant impacts on equities, commodities, and currencies. The rupee has hit a record low, and sectors sensitive to fuel costs are facing amplified moves. Gold has shown mixed signals, complicating expectations. Market professionals emphasize disciplined risk management as volatility is expected to persist amid geopolitical and economic uncertainties.

Invezz

Thomson Reuters

Indian rupee under pressure as Middle East tensions lift oil above $100

The Indian rupee is at risk of hitting an all-time low against the U.S. dollar due to rising oil prices, which have been exacerbated by recent military actions in the Strait of Hormuz. The rupee is expected to open between 95.25 and 95.30, close to its previous low of 95.33. Higher oil prices are increasing dollar demand, putting pressure on the currency, while capital inflows remain low, limiting relief options for the rupee. Traders emphasize that the situation is heavily influenced by oil market dynamics.

BP p.l.c.

HSPC

Wtree Bbg Usd Bull

Xtrackers Nifty 500 India ETF

Rupee at risk of all-time low on long-standing oil drag

FLIN

The Indian rupee has fallen to a record low of 95.33 per dollar, driven by rising oil prices and economic concerns. This decline, over 4% since the Iran war began, raises inflation risks and threatens India's growth. Analysts suggest the Reserve Bank of India may need to implement new measures to stabilize the currency, which has already seen significant foreign capital outflows. The rupee's depreciation could lead to further economic challenges, with predictions of it potentially reaching 96.80 by year-end.

Franklin FTSE India

Rupee's slide to record low puts Indian central bank back on the defensive

WisdomTree India Hedged Equity(INDH.US)

India missed out on AI and now its run as 'market darling' may be over

India’s trade deficit widens in April as import costs rise

Oil price strain keeps rupee near record low, state banks' dollar sales cushion

Indian stocks rise with selective gains as rupee weakens

Butterfly Gandhimathi rallies 14% on strong Q4 results, crude surge; peers TTK Prestige, Stove Kraft see rub-off effect