Corporate earnings season is beginning next week. Investors hope strong results will support high valuations in the U.S. stock market, which is near record highs. The S&P 500 has risen 20% year-to-date. Key earnings reports from major financial firms and U.S. consumer price data next week will be crucial for the market’s direction.
RBI buyback sees strong demand with bids doubling notified amount
At its second buyback auction of FY26, the RBI received bids worth Rs 53,031 crore against a notified Rs 26,000 crore, accepting 99% of it.