India-New Zealand FTA: NZ can bring in dairy inputs, process and export 100% products

India and New Zealand have finalized a free trade pact with an investment arrangement allowing New Zealand dairy firms to process raw materials in India for re-export. This initiative aims to boost India’s exports and includes a fast-track mechanism for New Zealand products. India also committed to future consultations on dairy access for comparable economies.

India–New Zealand FTA: What each side stands to gain

India and New Zealand have concluded a free trade agreement, granting 100% zero-duty access for Indian exports to New Zealand. This pact is set to benefit Indian farmers, MSMEs, artisans, youth, and women-led enterprises, fostering significant trade growth and investment opportunities.

BSE shares jump 3% on plans to launch new monthly index options, revamp Bankex

BSE shares witnessed an uptick on Monday after an ET report suggested that the exchange plans to launch new monthly index option products and revamp the Bankex index. The move aims to boost BSE’s derivatives market share beyond weekly expiries, with management betting on cheaper monthly options and improved liquidity to deepen trader participation.

US futures edge higher after tech-led weekly gains

Global stock markets showed mixed movements on Monday. A strong rebound in AI-related stocks like Nvidia on Wall Street boosted Asian markets. Tokyo’s Nikkei saw significant gains driven by chipmakers. The Bank of Japan’s rate hike caused the yen to weaken against the dollar. Investors are watching inflation and interest rate policies closely.

2 top stock recommendations by Rajesh Bhosale

Indian equity markets are showing renewed strength, with the Nifty holding above key technical levels and poised to retest all-time highs. While the banking sector consolidates, IT, auto, and defence sectors are gaining traction. Tata Motors Passenger Vehicle and Hindalco are highlighted as attractive stock picks with bullish patterns and near-term targets.

Why ADRs are prone to sudden price spikes? Feroze Azeez explains

Infosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and options trading mechanics. While the stock closed with a modest gain, reflecting underlying fundamentals, the dramatic intraday movement was largely driven by short gamma positions. Investors are advised to focus on end-of-day prices for a clearer picture […]