Market Outlook – 07 January 2026

Market Outlook

Asia-Pacific markets are expected to open mixed as investors await Australia’s inflation data.

GIFT Nifty is trading over 70 points lower than Tuesday’s Nifty futures close, indicating a weak start for the Indian equity markets.

The Indian rupee snapped a four-day losing streak, appreciating by 12 paise to close at 90.18 (provisional) against the US dollar on Tuesday, supported by a softer dollar index.

Key Events & Data to Watch

• The US Supreme Court is likely to designate Friday as an opinion day, potentially delivering its first ruling on Trump-era tariffs.
• RBI releases draft norms on dividend distribution and remittance of profits.
• West Texas Crude drops over 2% after Trump announces increased oil supply from Venezuela.
• Titan shares remain in focus following a strong Q3 sales update across categories.
• New Zealand PM says the India–NZ FTA will boost exports and create opportunities for farmers and businesses.
• Proof of land acquisition is no longer mandatory for environmental clearance in non-coal mining projects.
• Lab-grown diamonds transition from niche to mainstream as India’s jewellery market evolves.
• Jindal Steel in focus amid reports of a phased acquisition of Thyssenkrupp’s steel unit.
• Trump revives the Greenland proposal, keeping military and purchase options under consideration.
• Deutsche Bank tops the league table for arranging dollar bonds for Indian borrowers for the first time since 2007, replacing Standard Chartered as foreign currency debt issuance slows.