Latest News: India’s Sovereign Credit Rating upgraded to 'A-' with Stable Outlook by Japan Credit Rating Agency * 16th Aero India to be held in Bengaluru from February 8-12, 2027 * Tecnam P2006T twin-engine aircraft meets with an accident near Ganga Barrage in Kanpur

These five factors may decide the way of Indian share markets

  1. The Ministry of Road Transport and Highways in a draft notification has proposed to waive registration and re-registration fees for all-electric vehicles. In addition, the GST Council in its upcoming meeting could take a decision on lowering GST rate on electric vehicles.
  2. The Reserve Bank of India expert committee has recommended doubling the cap on collateral-free loans under the Mudra scheme given to micro, small and medium enterprises to 10 lakh from 20 lakh of current.
  3. Government is considering buying 10 more P-8I aircraft for surveillance, reconnaissance and anti-submarine operations in addition to the eight it contracted earlier for the Navy. The P-8I aircraft is a variant of the P-8A Poseidon aircraft.
  4. Brent Crude prices closed higher at about US$64.3 per barrel as compared to previous week’s close of US$61.6 per barrel.
  5. Gold prices closed higher at about $1409 per ounce as compared to last week’s closing price of $1353 per ounce.