Country: IN | Published: 2026-09-21
Indian shares opened on a softer footing, with elevated oil prices and a heavy pipeline of IPOs pulling cash away from the secondary market, though bargain buying helped shares rec
Indian shares opened on a softer footing, with elevated oil prices and a heavy pipeline of IPOs pulling cash away from the secondary market, though bargain buying helped shares recover after the recent slide. Corporate bond activity is picking up, with a major conglomerate stake-sale plan drawing premium interest and industrial groups lining up fresh debt sales. On the trade side, domestic steel demand is being flagged as a buffer against US export threats, while textile exports from a key state climbed, and Indian oil buyers weigh trimming Russian cargoes amid US pressure.