_{Published on: 29 Nov, 2025 02:21}

The Indian markets exhibited volatility but closed flat, with an overall bullish sentiment emerging post-market due to robust GDP figures signaling economic resilience. Key themes included strong domestic growth driven by consumption and reforms, alongside corporate expansions in AI and finance amid global rate cut expectations.

• GDP surges to 8.2%, beating forecasts and boosting FY26 outlook.
• Markets end flat; Bank Nifty hits new record high in volatile trade.
• Adani Group plans $10 billion debt raise for next fiscal year.
• Amazon and Flipkart Launch New Consumer Loans, Challenging Banks.
• Gold eyes fourth monthly gain; silver at fresh record high.

India's Economy Grows 8.2% in Q2, Fastest in Six Quarters

India's GDP expanded by 8.2% year-on-year in the July-September quarter of FY26, surpassing economist expectations of around 6.8% and marking the strongest growth since Q1 FY25. This acceleration was fueled by robust domestic demand, increased rural consumption, and government spending on infrastructure. Prime Minister Modi highlighted the figures as reflective of effective pro-growth policies and reforms. The data prompted upward revisions in full-year forecasts, with some analysts now projecting 7.3% growth for FY26. Finance Minister Sitharaman noted the resilience amid global headwinds, crediting GST rate cuts for boosting consumption. Immediate market implications include potential RBI rate adjustments and heightened investor confidence in equities. The growth cushions against external risks like trade tensions.

Economic Times - https://m.economictimes.com/news/economy/indicators/india-q2-gdp-growth-quickens-on-year-to-8-2-even-before-full-impact-of-gst-cut-kicks-in/articleshow/125634777.cms

Sensex and Nifty Close Flat Amid High Volatility Ahead of GDP Data

Indian benchmark indices experienced significant intraday swings but ended nearly unchanged, with the Sensex down 14 points at 85,847 and Nifty at 26,203. Trading was marked by caution as investors awaited Q2 GDP numbers and IIP data releases. Bank Nifty bucked the trend, hitting a fresh record high driven by gains in major lenders. Sectoral performance was mixed: pharma and auto advanced 0.5-1%, while oil & gas and telecom declined 0.5%. Top gainers included Adani Enterprises and Sun Pharma; losers featured Power Grid and HDFC Life. The flat close reflects balanced global cues and domestic data anticipation, potentially setting up for post-GDP rallies. Broader indices like midcap and smallcap also ended flat.

The Hindu BusinessLine - https://www.thehindubusinessline.com/markets/share-market-nifty-sensex-live-updates-28th-nov-2025/article70330458.ece

 

 

Adani Group Eyes $10 Billion Fundraise in FY27

Adani Group announced plans to raise 900 billion rupees ($10.06 billion) in debt during the next financial year to fuel expansion across its diversified portfolio. The conglomerate aims to leverage strong investor interest amid India's infrastructure and energy boom. This follows recent equity raises and comes as the group recovers from past controversies. Funds will support projects in ports, power, and renewables, aligning with national growth targets. Market reaction could bolster Adani stocks, already up on AI-related news. The move underscores confidence in India's economic trajectory post-GDP beat. Analysts see it as a positive for sector liquidity. Reuters - https://www.reuters.com/world/india/indias-adani-group-eyes-10-billion-fundraise-fy27-official-says-2025-11-28/

Adani Seeks Up to $5 Billion Investment in Google Data Center

Adani Group is pursuing up to $5 billion in investments for a new data center partnership with Google, tapping into India's AI and digital infrastructure surge. The facility aims to enhance cloud services and AI capabilities, positioning Adani in the high-growth tech sector. This development follows Adani's recent renewable energy tie-ups and reflects global tech giants' focus on India. Funding could come from international investors, boosting Adani's market cap. Implications include job creation and sectoral shifts towards digital economy. The announcement aligns with broader economic optimism from GDP data. It may pressure competitors in data services. Reuters - https://www.reuters.com/business/media-telecom/indias-adani-seeks-up-5-billion-investment-google-data-center-join-ai-boom-2025-11-28/

 

 

Amazon, Flipkart Target India's Banks with New Consumer Loan Offerings

E-commerce giants Amazon and Flipkart are introducing innovative consumer loan products, directly competing with traditional banks in India's burgeoning fintech space. These offerings include quick approvals and flexible terms, leveraging vast user data for risk assessment. The move aims to capture a share of the $1 trillion credit market amid rising digital payments. Banks may face margin pressures as e-tailers undercut rates. This could accelerate financial inclusion but raises regulatory scrutiny from RBI. Immediate impacts include potential stock dips for lenders and gains for tech firms. It highlights shifting dynamics in retail finance. Reuters - https://www.reuters.com/business/finance/amazon-flipkart-take-aim-indias-banks-with-new-consumer-loan-offerings-2025-11-28/

Gold Heads for Fourth Straight Monthly Gain; Silver Hits Record High

Gold prices are set to record a fourth consecutive monthly increase, driven by expectations of U.S. rate cuts and geopolitical tensions. In India, spot gold rose amid festive demand and economic strength. Silver surged to a new all-time high, benefiting from industrial demand in renewables and electronics. This trend supports jewelry and investment sectors, potentially inflating import bills. RBI may intervene to manage currency impacts. Market implications include gains in related stocks like Titan. The rally reflects safe-haven buying amid global uncertainties. Reuters - https://www.reuters.com/world/india/gold-set-fourth-monthly-gain-markets-wager-us-rate-cut-2025-11-28/

 

 

India Central Bank's FX Forward Book Swells for Second Month

The RBI's foreign exchange forward holdings expanded for the second consecutive month, indicating intensified efforts to stabilize the rupee amid capital outflows. This buildup underscores defensive measures against dollar strength and trade imbalances. The rupee held steady despite pressures, aiding export competitiveness. Implications include controlled inflation pass-through from imports. Markets may see reduced volatility in forex pairs. The action aligns with broader monetary policy to support growth. Analysts expect continued interventions if global risks escalate. Reuters - https://www.reuters.com/world/india/india-central-banks-fx-forward-book-swells-2nd-month-underscoring-greater-rupee-2025-11-28/

Finance Minister: RBI to Act Appropriately on Inflation

Finance Minister Sitharaman stated the RBI will implement suitable measures to address inflation, amid easing CPI to 0.25% in October. This reassurance comes post-GDP data, balancing growth and price stability. Core inflation remains monitored amid food price fluctuations. Potential rate cuts could stimulate borrowing and investment. The statement boosts market confidence in policy coordination. Sectors like real estate and autos may benefit from lower rates. It mitigates risks from global commodity shifts. Reuters - https://www.reuters.com/article/world/us/india-cbank-to-act-appropriately-on-inflation-fin-min-idUSSGE68C02V/

 

 

GST Reforms Lift Consumption as Economy Enters H2 FY26

The Finance Ministry highlighted GST rate reductions as key to enhancing consumption entering the second half of FY26. Strong demand persists despite global risks, supported by steady inflation and rising exports. This follows Q2 GDP strength, with production indicators positive. Reforms aim to broaden tax base and ease compliance. Implications include higher fiscal revenues and corporate earnings. Sectors like consumer goods and retail stand to gain. The outlook reinforces India's growth narrative. Times of India - https://timesofindia.indiatimes.com/business/india-business/indian-economy-enters-h2-of-fy26-finance-ministry-says-gst-reform-lifts-consumption-sees-strong-demand-despite-global-risks/articleshow/125634581.cms

Anil Agarwal: Two Factors Can Drive India's GDP to Double Digits

Vedanta Chairman Anil Agarwal praised India's 8%+ growth as resilient amid headwinds, suggesting mining reforms and manufacturing focus could push it to double digits. This commentary underscores resource sector potential in economic expansion. Reforms could unlock investments and jobs in metals and energy. Market impacts include uplifts in mining stocks. It aligns with government push for self-reliance. Broader implications involve supply chain diversification. The view supports optimistic FY26 projections. NDTV Profit - https://www.ndtvprofit.com/economy-finance/anil-agarwal-says-these-two-factors-can-take-indias-gdp-to-double-digit-growth