Dow closes higher on first day of 2026, still no Santa Claus rally

January 3, 2026

Major indexes like the Dow and S&P 500 closed higher on Friday, ending a four-day losing streak to begin 2026. Chip makers, industrials, and utilities fueled the gains, while tech giants and consumer discretionary stocks saw declines.

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Selective bets in defence, CV cycle turns supportive, value seen in ITC: Sandip Sabharwal

Ahead of the Union Budget, market expert Sandip Sabharwal urges selective investment in defence stocks. He notes the commercial vehicle cycle is strong, with Tata

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