Indian equity benchmarks opened nearly flat on 14 October as Asian technology gains were offset by weak Wall Street cues, firm crude prices and fresh tension around the Strait of Hormuz.hdfcsky Indian markets had gained about 1.6% in the previous session, with IT stocks leading the rise after HCLTech’s better-than-expected quarterly results.hdfcsky Foreign portfolio investors
Negotiations between India and the United States on a bilateral trade agreement have again stalled. India recorded a trade surplus of nearly 34 billion dollars with the US in fiscal year 2025–26, making market access, tariffs and export restrictions central issues in the talks. The delay could affect exporters in sectors such as textiles, pharmaceuticals,
India’s GDP growth is estimated around 7.1% for April–June 2026, with some analysts projecting 7–7.5% and SBI research even pointing to 8% for Q1, supported by rate cuts and contained inflation.war+1 HSBC notes growth remains high, inflation low, and current account deficit surprisingly contained at about 0.3% of GDP, per RBI’s aggregated monthly data.sci.gov Global