Monday, September 14
Indian export-facing stocks took a sharp hit on Thursday as a wave of punitive 50% U.S. tariffs announced by U.S. President Donald Trump triggered a sell-off across key sectors such as textiles, jewellery, shrimp, auto components and chemicals. While the broader Sensex fell a relatively muted 300 points, analysts warned that the market is entering a deadly waiting game, with fresh investment flows likely to stall until either a U.S.-India trade deal materialises or the selloff deepens enough to attract bargain hunters.The steep tariff escalation, building on a previously announced 25% levy that kicks in from Thursday, targets Indian goods with significant exposure to U.S. demand. Though only around 20% of India’s goods exports head to the U.S., several niche categories, ranging from read
Bajaj Auto shares slipped nearly 4% to Rs 7,879 in Thursday’s intraday trade on the BSE, even after the automaker reported its Q1 results for FY26. The company posted a consolidated profit after tax (PAT) of Rs 2,210 crore, up from Rs 1,942 crore in Q1FY25 — a 14% year-on-year (YoY) increase.Revenue from operations rose 10% YoY to Rs 13,133 crore, compared to Rs 11,932 crore in the same quarter last year. The growth was driven by strong double-digit gains in exports, premium motorcycles, commercial vehicles, and the Chetak EV.EBITDA came in at approximately Rs 2,500 crore, with an EBITDA margin of 19.7%, down 50 basis points quarter-on-quarter, primarily due to lower dollar realisations. However, the decline was largely offset by an improved product mix and operating leverage, helping
