*Financial News* 
Source: Leading Newspapers
 *Compiled by: Rudra Shares* 
Vande Mataram 
Friday, 09 January 2026

 *ECONOMY, MARKETS & POLICY* 
* Banks are narrowing NBFCs’ dominance in India’s gold loan market, which is now almost evenly split.
* A ₹23,000 crore manufacturing push may feature in the upcoming Union Budget to strengthen assembly lines.
* FIIs were net sellers of Indian equities worth ₹3,367 crore, while DIIs bought shares worth ₹3,701 crore.
* Sensex and Nifty closed nearly 1% lower, wiping out about ₹8 lakh crore in market capitalisation amid US tariff concerns.
* SEBI has set up a working group to prepare a technology roadmap for market infrastructure institutions.
* SEBI has also issued compliance reporting norms for Specialised Investment Funds.

 *BANKING, FINANCIAL SERVICES & INSURANCE* 
* IndusInd Bank is planning to expand its board to strengthen corporate governance.
* Premium growth is likely for insurers in the December quarter, though margins may face pressure.
* Bajaj Finserv has completed Allianz’s stake buyout in its insurance businesses.
* ABSL AMC shares declined after SEBI alleged that BofA breached insider trading rules in a 2024 share sale.

 *POWER, ENERGY & UTILITIES* 
* Torrent Power is planning investments of ₹1 lakh crore across energy businesses while building new B2C platforms.
* BHEL has secured a contract from BCGCL for coal gasification and syngas units in Odisha.
* India may ease restrictions on Chinese firms bidding for government contracts, according to a report involving BHEL.
* NSE is in discussions with IGX to develop an Indian Natural Gas Futures contract.

 *AUTOMOBILES & TRANSPORT* 
* Vehicle-to-vehicle communication technology between cars is expected to become a reality soon, according to Nitin Gadkari.
* BMW plans to launch three new electric vehicle models in India to support sales growth.

 *CAPITAL MARKETS, IPOs & INVESTMENTS* 

* CVC Capital Partners is leading the race to acquire ValueLabs.
* Amagi Media Labs’ ₹1,789 crore IPO is scheduled to open next week.
* Bharat Coking Coal’s ₹1,071 crore IPO is opening today.
* Samir Arora-backed Helios has exited IndiGo, booked gains in Urban Company, and increased exposure to PhysicsWallah and other new-age firms.
* Carnelian’s Manoj Bahety sees IT, auto and BFSI as attractive contra investment opportunities based on valuations.

 *IT, TECHNOLOGY & DIGITAL* 
* Leading Indian IT companies are expected to report another weak quarter due to subdued US demand and cautious client spending.
* Electronics stocks are awaiting a profit trigger to improve overall market sentiment.
* Health-tech startup Tata 1mg plans to expand its offline presence to 500 stores by year-end.

 *PHARMA & HEALTHCARE* 
* Torrent Pharma is preparing a $1.4 billion bond sale to fund a large acquisition, according to reports.
* Granules India has received tentative USFDA approval for generic ADHD treatment tablets.
* Godrej Consumer Products reported a strong Q3 performance with an improved outlook.

 *INDUSTRIALS & DEFENCE* 
* L&T has won an order from the Indian Army to upgrade Pinaka rocket launchers.

 *CONSUMER, RETAIL & STARTUPS* 
* Rising competition is impacting sales growth of global beauty brands in India.
* Meesho shares fell for the second consecutive day after the lock-in expiry, with around ₹40,000 crore erased from market capitalisation since the December peak.
* Eternal has received two GST demand orders worth ₹27.56 crore and plans to challenge them.
* Export-oriented stocks such as Gokaldas Exports and Avanti Feeds declined amid fears of steep US tariffs on Indian goods.

Jai Hind
Rudra Hai to Mudra Hai
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